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German auto giants Volkswagen AG and BMW AG on Tuesday said that they would temporarily halt production at some plants as the crisis in Ukraine has led to shortages of key components. Russia’s invasion of Ukraine has “made the situation more difficult for our Ukraine-based suppliers, leading to shortages,” a Volkswagen spokesman said in a statement. Volkswagen said that production at its central plant in Wolfsburg, Germany, would be “limited” next week as a result of the sanctions, while vehicles at the plant the following week “will not be able to be finished as it stands,” lead...

DEARBORN (dpa-AFX) - Responding to recent events in Ukraine, Ford Motor (F) said it has suspended its operations in Russia.Ford Fund is also making a $100,000 donation to the Global Giving Ukraine

The Russian-Ukraine conflict has been affected several industries in the world, one of which is the car companies that are ceasing their operations in Russia.

Ford CEO Jim Farley broke the news in a tweet, citing a deep concern about the invasion of Ukraine by Russian forces on February 24, and offering an act of support for the Ukrainian people. Farley's tweet included a longer press release, which indicates that the Ford Fund will donate $100,000 to the Global Giving Ukraine Relief Fund at an unspecified date and time.

The avalanche of measures taken by western companies in response to Russia’s actions in Ukraine keeps getting bigger. On the first day of March, a ...