Home / Market Update / Global Stock Market / Mitsubishi May Stop Production And Sales in Russia

Mitsubishi May Stop Production And Sales in Russia

Japanese carmaker Mitsubishi Motors said on Tuesday it may stop producing and selling its cars in Russia, as economic sanctions against Russia could cause supply chain disruptions.

Japan on Tuesday joined the United States and other allies in imposing additional sanctions on Russia, which included freezing the assets of the country’s leaders and three financial institutions.

Check Also

AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets

In a dramatic twist of global economic fortunes, the Australian dollar has crashed to its …