VW and Renault Shutter Operations As Russian Invasion Impacts Supply Chains
Volkswagen and Renault will suspend operations temporarily as Russia’s invasion of Ukraine impacts European supply chains.

Getty
Volkswagen and Renault will suspend operations temporarily as Russia’s invasion of Ukraine impacts European supply chains.
VW will halt production at its Zwickau and Dresden plants in eastern Germany for a few days in early March because of a shortage of electric cable sets made in Ukraine.
Renault will shutter operations at its Moscow assembly plant because bottlenecks at the Russian border have delayed parts deliveries, a spokeswoman said. Another plant, operated by Renault’s AvtoVaz venture in Togliatti will halt production over a shortage of semiconductors.
Russia’s invasion has caused a fresh set of challenges for companies still reeling from the pandemic. Automakers have been forced to curb production over the past two years because of an ongoing shortage of semiconductor chips.
German automotive companies and suppliers maintain 49 production sites in Russia and Ukraine.
Renault produces the Kaptur and Duster models at the Moscow site and makes Lada cars through its AvtoVaz venture. Russia is the French automaker’s second-largest market, accounting for 18% of sales by volume.
Originally posted on Auto Dealer Today
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →