Volkswagen suspends production of cars in Russia, stops exports
Volkswagen is the latest automaker to pause its business in Russia following the invasion of Ukraine.
The German car company announced Thursday that its board has decided to stop the production of cars in Russia "until further notice."
It also decided to immediately stop vehicle exports to Russia, Volkswagen said.
"We are convinced that a sustainable solution to the conflict can only be found on the basis of international law," the company said in a statement. "With the extensive interruption of business activities in Russia, the Executive Board is reviewing the consequences from the overall situation, during this period of great uncertainty and upheaval,"
Volkswagen has production sites in Kaluga and Nizhny Novgorod.
Earlier this week, General Motors and Volvo Cars said they will suspend vehicle exports to Russia until further notice. Mercedes Benz said Wednesday it will pause exports and manufacturing in Russia until further notice. Ford has also suspended its operations in the country.
-ABC News' Christine Theodorou