TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
*
Home
Press release
Sep 24, 2022 00:00 JST
Source:
Toyota Motor Corporation
Toyota to End Vehicle Manufacturing in Russia
Toyota City, Japan, Sep 23, 2022 - (JCN Newswire) - Toyota has decided to end vehicle production at its Saint Petersburg plant in Russia.
On March 4 we had to suspend manufacturing operations at our plant in Saint Petersburg due to the interruption in supply of key materials and parts. Since then, we have been closely monitoring the situation and evaluating the future sustainability of our business in Russia.
During this period we have fully retained our workforce and ensured our facility was ready to re-start production if the circumstances allowed. However, after six months, we have not been able to resume normal activities and see no indication that we can re-start in the future.
The decision to terminate production of Toyota vehicles in Russia is not one that we have taken lightly. Over the last 80 years we have developed our business and our brand with the support of stakeholders around the world. We must now act in a way that allows us to protect the values and principles that our predecessors built up and be confident that we can pass them on to the next generation.
We have also determined that our operations in Moscow need to be optimised and restructured--with the clear objective of retaining an effective organisation to continue supporting the retail network in providing ongoing service to existing Toyota and Lexus customers in Russia.
We would like to thank our employees for their hard work and loyalty. In recognition of their valued contribution, we will be offering them assistance for re-employment, re-skilling and well-being, including financial support above legal requirements.
Source: Toyota Motor Corporation
Sectors: Automotive
Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
GR Yaris "Aero performance package" Set for Japan Launch
September 12 2025 13:40 JST
TGR Plans to Reproduce Engine Parts for Corolla Levin / Sprinter Trueno (AE86)
September 10 2025 17:11 JST
Toyota Submits Fourth Progress Report on Measures to Prevent Recurrence
September 09 2025 18:26 JST
Lexus world premieres the new IS
September 09 2025 17:26 JST
Toyota Joins TOKYO H2 Project Aiming to Make Tokyo a Global Leader in Hydrogen
September 03 2025 21:39 JST
Sales, Production, and Export Results for July 2025
August 28 2025 16:25 JST
Aiming to Build Battery Ecosystem, Toyota and Mazda Start Tests of Energy Storage System Using Electrified Vehicle Batteries
August 21 2025 18:50 JST
Toyota to Establish New Vehicle Manufacturing Plant in Japan
August 07 2025 17:31 JST
12 New Companies Join Toyota Woven City as Inventors
August 04 2025 20:09 JST
Sales, Production, and Export Results for the First Half of 2025
July 30 2025 17:06 JST
More Press release >>
Latest Press Release
The University of Osaka D3 Center Commences Operation of New Computing and Data Infrastructure Built by NEC
Sep 12, 2025 15:08 JST
GR Yaris "Aero performance package" Set for Japan Launch
Sep 12, 2025 14:40 JST
Mitsubishi Heavy Industries Achieves Target Performance at Pilot Plant for Bioethanol Membrane Dehydration Systems
Sep 12, 2025 14:19 JST
"New Answers to Dementia" Eisai Releases Concept Movie and New Content on Campaign Website for Dementia Month
Sep 12, 2025 13:20 JST
TANAKA PRECIOUS METAL TECHNOLOGIES Succeeds in Developing High-Performance Palladium Alloy Hydrogen Permeable Membrane Operable in the Low-Temperature Range of 300 degrees C
Sep 12, 2025 11:00 JST
CO2NNEX(R) Digital Platform for Transfer and Management of e-Methane Clean Gas Certificates to Be Utilized in Nagaoka Methanation Demonstration
Sep 11, 2025 20:37 JST
Hitachi accelerates growth with major U.S. investments in advanced manufacturing, electrification and workforce development
Sep 11, 2025 18:35 JST
GlobalLogic and Ericsson Deploy Private 5G Network at Hitachi Rail's State-of the-Art Digital Factory
Sep 11, 2025 17:24 JST
GlobalLogic and Flexware Innovation Announce Major Deployment of LIFT at Hitachi Rail's State-of-the-Art Train Manufacturing Facility
Sep 11, 2025 16:46 JST
JCB Unveils New Brand Message in Vietnam: "Japan Cung Ban"
Sep 11, 2025 13:00 JST
Kawasaki City becomes first dekokatsu subsidy municipality for promoting decarbonization lifestyle promotion project
Sep 11, 2025 10:35 JST
TGR Plans to Reproduce Engine Parts for Corolla Levin / Sprinter Trueno (AE86)
Sep 10, 2025 18:11 JST
TANAKA Acts as Category Sponsor for the LIGA.i Blind Soccer Top League 2025
Sep 10, 2025 03:00 JST
Toyota Submits Fourth Progress Report on Measures to Prevent Recurrence
Sep 09, 2025 19:26 JST
The 46th Honda Prize 2025 Awarded to Dr. Kenichi IGA
Sep 09, 2025 19:06 JST
Lexus world premieres the new IS
Sep 09, 2025 18:26 JST
Toni Bou Wins 19th Consecutive FIM Trial World Championship Title
Sep 08, 2025 18:53 JST
Eisai Presents Clinical Study Results of Novel Orexin Receptor Agonist E2086 for Narcolepsy at World Sleep 2025
Sep 08, 2025 17:49 JST
Honda to Commercialize UNI-ONE Hands-Free Personal Mobility Device
Sep 08, 2025 15:56 JST
Mitsubishi Power Signs Contract to Supply Two M701JAC Gas Turbines to O Mon 4 Power Plant
Sep 08, 2025 15:36 JST
More Latest Release >>