MILAN—Carmaker Stellantis said on Tuesday it was suspending production at its Russian plant due to logistical difficulties and sanctions imposed on Moscow.
The world’s fourth-largest automaker, which produced and sold the Peugeot, Citroёn, Opel, Jeep, and Fiat brands in Russia, has just 1 percent of the country’s car market.
It runs a van-making plant in Kaluga, around 125 miles (201 kilometres) south-east of Moscow, co-owned with Japanese carmaker Mitsubishi, which halted production at the facility earlier this month.
“Given the rapid daily increase in cross sanctions and logistical difficulties, Stellantis has suspended its manufacturing operations in Kaluga to ensure full compliance with all cross sanctions and to protect its employees,” Stellantis said in a statement.
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