Live Breaking News & Updates on Sumitomo Global

How big is the impact of the Russian-Ukrainian crisis on the automobile industry? What is the cost of disrupting the global supply chain under the Russian-Ukrainian crisis? For Toyota, the figure is about $520-the world's largest carmaker's estimate of an increase in production costs per car! Compared with the previous fiscal year, seven Japanese passenger car manufacturers will face an increase in raw material costs of about 1.4 trillion yen ($11.5 billion) in the year to March, said Seiji Sugiura, an analyst at Tokyo Research Institute in the East China Sea. ....

United States , United Kingdom , South Africa , Krasnoyarskiy Kray , City Of , South African , Naohiro Niimura , Takayuki Honma , Mikio Fujita , Sanshiro Fukao , Hiroo Suzaki , Seiji Sugiura , Wood Mackenzie , Itochu Co Ltd , Johnson Matthey , Itochu Research Institute , Tokyo Research Institute In Tokai , London Metal Exchange , Pfor Toyota , Tokyo Research Institute , Itochu Research , Western Russia , Norilsk Nickel , Impala Platinum , Impala Platinum Japan , Sumitomo Corporation Global Research ,