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Ukraine war

Toyota to exit Russia, terminating auto production and sales

Japan carmaker sees no end to supply chain disruptions as Ukraine war rages on

An employee cleans a Toyota car at Rolf, an automotive dealer in Moscow.   © Reuters

NAGOYA, Japan -- Toyota Motor on Friday announced an exit from automobile production and sales in Russia, citing difficulties supplying key materials and parts in the country amid the war in Ukraine.

"It was a difficult decision," Toyota Chief Communications Officer Jun Nagata told reporters online Friday. "We will liquidate our local unit in Russia instead of selling it."

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