Monday , August 15 2022

Stellantis stops car shipments to and from Russia.

Stellantis, the maker of Jeep, Fiat and Peugeot vehicles, has suspended exports of cars from Russia and imports of vehicles into the country, the company said Thursday.

The automaker operates a small plant in partnership with Mitsubishi in Kaluga, southwest of Moscow. The plant employs about 2,700 people and produces small delivery vans that Stellantis has been exporting to other European countries.

A week ago, the automaker’s chief executive, Carlos Tavares, hinted that the plant might have to halt production. “The operations will stop because there’s simply no more parts,” he said in a videoconference.

Stellantis, with headquarters in Amsterdam, was formed through a merger of Fiat Chrysler and Peugeot. It makes vehicles under 14 brand names, including Ram, Chrysler, Maserati, Opel and Citroën.


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