Russian Sanctions May Cripple a Once Promising Car Market
The auto industry might have to face a different kind of war, as the likelihood of another supply-chain crisis increases.
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The auto industry might have to face a different kind of war, as the likelihood of another supply-chain crisis increases.
Toyota, Honda, Nike, Apple, Exxon, Ford join exodus after Moscow disturbed business calm with invasion
As fighting grows more intense in Ukraine, Ford suspends its joint venture in Russia.
On Tuesday, March 1, Ford announced that it has decided to suspend its joint venture operations in Russia following President Vladimir Putin's invasion of Ukraine.
From technology and shipping to energy and entertainment, businesses around the world are scaling back operations in Russia as numerous countries also impose sanctions.