If you’ve been keeping up with world news, then you’ll know that there’s a war going on between Russia and Ukraine. Effectively, the latter invaded the former. As a result, many car brands have either pulled out or ceased their operations in Russia.
Many brands have facilities in Russia
Mainly, the suspension of operations in the aforementioned Slavic country is somewhat attributed to sanctions. These are currently being imposed by world governments as a response to Russia’s ongoing invasion of Ukraine.
Here’s a list of car brands that have already halted their exports to, and operations in Russia as of this writing. Also included are some that are poised to do so.
Honda has expressed that it was having difficulties in shipping cars to Russia. The Japanese car brand also said that business related transactions were getting increasingly difficult because of Russia being cut off from the SWIFT banking system. As a response to this, it has stopped its motorcycle and automobile exports to the said country since March 2, 2022.
As for Toyota, the Japanese car brand announced yesterday (March 3, 2022) that it is also suspending its operations in Russia amid “supply disruptions”. Do remember also that it was a victim of a cyber-attack conveniently after Japan’s announcement of its own set of sanctions against Russia.
Stellantis, the parent company of Chrysler, Citroën, Dodge, Fiat, etc., has also said that it will have to comply with wartime sanctions. It was also mentioned that its plant in Kaluga which it co-owns with Mitsubishi, can’t operate “if there are no parts.” They weren’t specific, but this implies the difficulty of getting said parts in order for the said plant to continue operating.
Stellantis models like the Opel Vivaro (pictured) are quite popular in Russia
BMW, and by extension Mini, also shuttered several of their factories around Europe since some of their parts suppliers are located in Ukraine.
Volvo is also one of the first brands to cease its shipments to the region in question. With regards to this, the brand implied that there are “potential risks associated with trading material with Russia.”
6. Aston Martin
For Aston Martin, it also said that it had to “pause sales and shipment of vehicles to Russia” also due to the recent sanctions. Then again, it also expressed concern for its partners in Kyiv.
7. Volkswagen Group
The Volkswagen group in turn, also ceased the operations of its Russia-based plants, as well as its export operations to Russia. The company also made an appeal for the “political actors to end the fighting and return to diplomacy.”
Other brands like Mercedes-Benz also made more proactive moves in response to the said conflict. Specifically, the German marque will be donating 1 million Euros (around Php 57 million) via Red Cross as a form of aid to those affected.
Ford also mentioned that it was “deeply concerned about the invasion of Ukraine.” With that, the brand had to inform some of its local partners in Russia that it was suspending its operations in the region. The American carmaker is also donating $100,000 (around Php 5 million) to support the Global Giving Ukraine Relief Fund.
The Transit is also a market mover in the Russian market
According to a report by Reuters, there’s a chance for Mitsubishi to halt its operations in Russia due to supply chain issues caused by the sanctions.
11. Jaguar Land Rover
The same is the case for Jaguar Land Rover, which said that the “current global context also presents us with trading challenges.” To this end, it has ceased delivery to the said region.
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Know more about Toyota
For the local market, Toyota Philippines offers 22 car models. The most affordable of these is the Toyota Wigo hatchback. Toyota also has three sedan models namely the Vios, the Corolla Altis, and the Camry. It then has one entry to the pickup truck segment, the Hilux. For coupes, Toyota Philippines offers two models: the GT 86 and the Supra. The Toyota local SUV segment has four models. These include the Fortuner, Land Cruiser, Land Cruiser Prado, and FJ Cruiser. The Toyota MPV segment for the Philippines has three models: the Avanza, Rush, and the Innova. Then there are two Toyota vans in the Philippine market: the Hiace and the Hiace Super Grandia. For hatchbacks, there's the Wigo, the GR Yaris, Prius, and the Yaris, while the minivan segment then has the Alphard. And lastly, the crossovers sold by Toyota include the Corolla Cross, and the RAV4.
Here at Philkotse.com, we provide the complete Toyota Philippines Price list for 2023, which we update on a monthly basis. Besides that, we also list the latest and hottest car promos ranging from low monthly amortizations, cash discounts, and low downpayments.
For more information about the Toyota Philippines price list for 2023, as well other details regarding the brand, continue below.
Cesar G.B. Miguel