Stellantis, the maker of Jeep, Fiat and Peugeot vehicles, has halted car exports from Russia and vehicle imports to the country, the company said Thursday.
The carmaker operates a small factory in partnership with Mitsubishi in Kaluga, southwest of Moscow. The factory employs approximately 2,700 people and produces small vans that Stellantis exports to other European countries.
A week ago, the carmaker’s chief executive, Carlos Tavares, hinted that the plant may have to stop production. “Operations will stop because there are simply no more parts,” he said in a video conference.
Stellantis, headquartered in Amsterdam, was created from a merger of Fiat Chrysler and Peugeot. It makes vehicles under 14 brand names, including Ram, Chrysler, Maserati, Opel and Citroën.