A Mazda brand is displayed on the 89th Geneva Worldwide Motor Present in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy
TOKYO, Sept 24 (Reuters) – Japan’s Mazda Motor Corp (7261.T) is discussing ending manufacturing of its autos at a three way partnership plant in Vladivostok, jap Russia, the Nikkei newspaper reported on Saturday.
The Japanese automaker, which offered 30,000 vehicles in Russia final 12 months, mentioned in March that exports of components to the plant have been going to finish and manufacturing would stop when shares ran out. It operates the plant with Russian automaker Sollers (SVAV.MM).
Mazda has not decided about ending automobile gross sales and upkeep operations in Russia, the newspaper mentioned. There was no timeframe for stopping manufacturing on the Vladivostok plant.
A Mazda spokesperson was not instantly obtainable for remark.
Mazda’s rival, Toyota Motor Corp (7203.T), mentioned on Friday that it had determined to finish car manufacturing in Russia as a result of interruption in provides of key supplies and components.
Many factories in Russia have suspended manufacturing and furloughed staff on account of shortages of high-tech tools due to sanctions and an exodus of Western producers since Moscow despatched armed forces into Ukraine on Feb. 24.
Reporting by Satoshi Sugiyama; modifying by Clelia Oziel
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