Toyota Motor on Friday introduced that it could cease producing vehicles in Russia, citing difficulties supplying key supplies and components within the nation amid the battle in Ukraine.
The automaker suspended manufacturing at its plant in St. Petersburg on March 4, after the Russian invasion started.
“After six months, we have not been able to resume normal activities and see no indication that we can restart in the future,” it mentioned.
A protracted disruption would damage Toyota’s means to assist its workers, leaving it no alternative however to finish manufacturing within the nation, it mentioned. Mounting geopolitical dangers within the area are believed to have contributed to the choice as nicely.
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Toyota to terminate auto manufacturing in Russia
Nikkei – Sep 24
Toyota Motor on Friday introduced that it could cease producing vehicles in Russia, citing difficulties supplying key supplies and components within the nation amid the battle in Ukraine.

BOJ sticks to financial easing coverage
NHK – Sep 22
The Bank of Japan says it’s sticking to its huge easy-monetary stance, whilst different central banks are elevating rates of interest.

Honda eyes reviving iconic NSX sports activities automotive as EV
Nikkei – Sep 22
With solely a handful of particular editions left in seller showrooms, the Acura NSX from Honda Motor appears able to drive off into the sundown. But we’d not have seen the final of the enduring sports activities automotive.

為替レートは24年ぶりの円安水準
newsonjapan.com – Sep 20
今年3月頃から外国為替市場で急激な円安・ドル高が進行し、9月には1ドル=145円に接近。これは1998年以来24年ぶりの円安水準となる。わずか半年でなぜここまで円安が進行したのだろうか。
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