Shares of several companies in the auto & auto component space, including Ford Motor Company (NYSE: F), Fisker Inc (NYSE: FSR), General Motors Company (NYSE:
Companies around the globe have answered Russia’s invasion of Ukraine by putting a hold on business or fully exiting operations in Russia.
This comes in addition to the harsh economic sanctions recently imposed on Russia that have collapsed the ruble.
Below is a list of the companies by sector that are holding or retiring business operations in Russia.
Tata Motors, India's largest commercial vehicle manufacturer, has announced an impending price hike of its commercial vehicle range. An increase in price in the range of 2.5%, will be implemented from 1st January 2022 and will be put into effect across segments – M&HCV, I&LCV, SCV and Bus, basis individual model and variant of the
vehicle.