Tag: Ukraine

Bernie Ecclestone Claims He Would “Take A Bullet” For Putin, F1 Says Be Our Guest

Formula 1 has engaged its KERS mode in an attempt to put some serious distance between itself and its former CEO Bernie Ecclestone, who said he would “take a bullet” for Russian president Vladimir Putin. Speaking on British TV’s Good Morning Britain, Bernie described Putin as a “first-class person” and claimed Russia’s invasion of Ukraine […]

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Nissan Is Halting Russian Production For Six Months Due To The War

Nissan has extended its suspension of production in Russia through the first half of the business year that started April 1. While speaking during Nissan’s annual general meeting, chief executive Makoto Uchida said the decision was made due to there being little prospect of the situation improving. “We believe this situation could become more serious […]

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Skoda Moves Wiring Harness Production In-House Due To Ukraine War

While the car industry continues to struggle with semiconductor shortages, it is also now dealing with wiring harness shortages due to the ongoing war in Ukraine. Skoda’s solution? Start manufacturing harnesses at its home plant in the Czech Republic. The car manufacturer was forced to suspend production of the all-electric Enyaq iV for eight weeks […]

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As Renault Exits Russia, Soviet-Era Carmaker Moskvich Could Be Coming Back

Russia could be reviving an automobile brand from its past following French automaker Renault’s exit from the market. According to Reuters, Moscow Mayor Sergei Sobyanin said that Renault’s factories will be nationalized and used to produce a new model of Moskvich, a name which means “a native of Moscow”. “The foreign owner has decided to […]

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Germany’s Biggest Car Club Tells Members To Drive Less, Slow Down To Reduce Russian Oil Dependence

Europe is reckoning with its dependence on Russian oil as that country’s invasion of Ukraine enters its third month. Such is the anxiety in Germany that ADAC (the Allgemeiner Deutscher Automobil-Club, or “General German Automobile Club”) has sent out an open letter to its members encouraging them to drive less. The ADAC “appeals to club members […]

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Renault Sells AvtoVAZ To Russian Science Institute For Just Over 1 U.S. Cent

Renault will transfer its stake in AvtoVAZ, the maker of Lada, to Russian automotive research facility, NAMI, the French automaker said on Wednesday. According to Reuters, NAMI will acquire Renault’s 68 percent stake for a symbolic 1 Rouble, which as of today, is worth just under 1.4 American cents. The Russian institution was founded over […]

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