Here’s how Russia’s Ukraine invasion is impacting the auto industry

Russia's invasion of Ukraine is starting to create ripple effects in the automotive supply chain. The attack also has prompted companies to stop shipping to Russia or suspend operations there.

Here are some of the impacts on the auto industry:

Canada's auto industry offers jobs to Ukrainian refugees

Canada’s automotive supply industry is offering jobs to Ukrainians fleeing Russia’s invasion of their country. Flavio Volpe, head of the Canadian Automotive Parts Manufacturers’ Association, issued the call in a tweet posted Thursday morning, telling refugees seeking security to reach out to his organization.

Diess warns Ukraine war could do more economic damage than pandemic

Volkswagen Group CEO Herbert Diess warned that a prolonged war in Ukraine risks being "very much worse" for the European regions economy than the coronavirus pandemic.

Tesla will pay conscripted Ukrainian employees for up to three months

Tesla will pay Ukrainian employees for up to 3 months while they fight in the war against Russia, U.S. broadcaster CNBC said.

Russia could nationalize foreign-owned factories that shut operations

A senior member of Russia's ruling party has proposed nationalizing foreign-owned factories that shut down operations in the country over what the Kremlin calls a special military operation in Ukraine. Automakers including VW, Toyota, Ford and Hyundai have shut downs factories in Russia after its invasion of Ukraine.

Continental working on shifting production from Russia plant

Continental is working on identifying locations where it can raise production to compensate for the loss of output at its Kaluga plant in Russia, where production has been suspended.

Porsche halts Taycan output on supply shortages

Porsche is temporarily halting production of its Taycan EV due to a lack of components caused by Russia's invasion of Ukraine.

Mercedes S-Class, EQS output hit by parts disruption

Mercedes-Benz is adjusting shift scheduling at its home plant in Sindelfingen plant near Stuttgart because of the impact of the war in Ukraine.

Soaring metal costs stemming from Russian invasion hit the auto industry

Russia's invasion of Ukraine is ramping up the price of metals used in cars, from aluminum in the bodywork to palladium in catalytic converters to the high-grade nickel in EV batteries, and drivers are likely to pay the cost.

Putin's war on Ukraine changes auto industry trade risk

Neither Russia nor Ukraine is a big player in the global supply chain, "but as you and everyone knows, you can't make a car if you're missing the one part out of thousands," said Mark Wakefield, global co-leader of the automotive and industrial practice at AlixPartners.

From an American perspective, Ukraine "doesn't even make the top 100" of sources for auto parts. But the war and ensuing sanctions on Russia will lead to higher prices for "aluminum and palladium, concerns on power and natural gas.

German automakers hit by Ukraine crisis helped by key supplier Leoni's task force

Wiring supplier Leoni has set up a task force to deal with the disruption of cable deliveries caused by the Ukraine crisis. Leoni's two Ukrainian plants, which are currently idle, normally employ 7,000 people. It is currently supplying its automaker customers from plants in Morocco, Tunisia, Serbia and Romania.

Russia’s Ukraine invasion could trigger a second microchip crisis

The vehicles and auto parts endangered by the Russian invasion of Ukraine may seem thousands of miles away from being a real problem. But the war could bring new worries to an issue that's already bedeviling automakers: the global microchip shortage.

Ukraine is the source for 70 percent of the world's output of neon. Neon is the critical gas that runs the lasers that are needed to manufacture semiconductor chips, according to market research firm TrendForce.

Russian self-driving company Yandex halts U.S. operations amid Ukraine invasion

Russian self-driving tech company Yandex has placed its operations in the U.S. on hiatus. The company said Friday it has paused testing of its robotaxi fleet in Ann Arbor, Mich., and is no longer making restaurant deliveries with its six-wheeled sidewalk Rover bots on college campuses across the country.

Yandex stopped its operations as Russia's invasion of Ukraine entered its second week, a conflict which has sparked international outcry and compelled businesses across the globe to cut ties with Russian companies.

A deal with Putin leaves Renault trapped in Russia

Volkswagen, BMW and Toyota have idled Russian plants and suspended shipments to the country as part of a broader retreat by global corporate giants. The one automaker with the most to lose -- Renault -- has remained silent. The French automaker has lost around a quarter of its market value in the wake of Russia's invasion of Ukraine and ensuing economic sanctions.

Russia is Renault's second-biggest market, and it is paying a heavy price for a $1 billion deal sealed in 2007 with a top ally of Russian President Vladimir Putin.

Hyundai unsure when it will resume Russian plant operations

Hyundai Motor Co. said on Friday it has not decided when to resume operations at its assembly plant in St Petersburg, Russia, citing ongoing issues with component delivery.

Auto supplier Magna suspends Russian operations

Supplier giant Magna International Inc. said it was halting its operations in Russia due to the invasion of Ukraine, a company spokeswoman said on Thursday. The company has a significant presence in Russia, with six plants and about 2,500 employees in the country.

CEO of EV charging firm ChargePoint says some employees are trapped in Ukraine

ChargePoint Holdings Inc. has a small number of contract employees trapped in war-struck Ukraine, and the EV charging company is searching for ways to help them, CEO Pasquale Romano said.

Audi to cut German production due to Ukraine crisis

A dearth of supply of wire harnesses assembled in Ukraine, a key component for vehicle manufacturing, will lead to production cuts at Volkswagen Group's Audi division.

Nissan suspends vehicle exports to Russia, expects production stoppages

Nissan said Thursday it has suspended vehicle exports to Russia given logistics challenges related to the conflict in Ukraine. The Japanese automaker, which sold 53,000 vehicles in Russia last year, expects "further challenges" to lead to local production stoppages and disruptions.

VW, Porsche, Bentley exports to Russia halted on sanctions

Volkswagen Group has joined the exodus of companies from Russia, suspending exports to and local production in the country in response to its invasion of Ukraine. The move affects VW's two factories in Russia that produce Volkswagen brand and Skoda models, the maker of Porsche, Lamborghini and Bentley cars, popular with Russia's elite, said Thursday.

German automakers warn of more production fallout from Ukraine crisis; Mercedes forced to cut shifts

German automakers association VDA said that the fallout from Russia's invasion of Ukraine was disrupting transport routes as well as financial transactions and that it was bracing for shortages in a range of raw materials. It said the impact from the conflict on shipping, rail and air freight was compounding problems in the supply chain at a time when inventory levels were already low. Mercedes-Benz expects to reduce production at some of its European plants as supplies of parts produced in Ukraine run short.

Europe's auto production crashes as flow of wire harnesses dries up

Automakers including Volkswagen, BMW and Porsche are struggling to obtain crucial wire harnesses as suppliers in western Ukraine have been shuttered by the Russian invasion of the country, forcing production stops at car factories in Germany.

Toyota to suspend Russian car production, vehicle imports

Toyota will halt production at its Russian factory starting Friday while vehicle imports into the country have also stopped indefinitely due to supply chain disruptions. Toyota is Russia's top Japanese brand, producing about 80,000 vehicles at its St. Petersburg plant which employs 2,000.

Honda suspends vehicle sales to Russia

Honda Motor Co. is halting exports of cars and motorcycles to Russia, joining a growing number of global companies choosing not to do business in the country after its invasion of Ukraine.

Ford suspends Russian operations following invasion of Ukraine

Ford Motor Co., in response to Russia's invasion of Ukraine, said it informed joint venture partner Sollers it is immediately suspending operations in Russia until further notice.

VW warns of more production cuts as Ukraine crisis hits suppliers

Volkswagen expects to temporarily idle more plants, including its main Wolfsburg factory, as fallout from shortages of key parts from suppliers in Ukraine is spreading.

Renault shares crushed by concerns about automaker's Russia exposure

Shares of Renault, the European automaker most exposed to Russia, tumbled to their lowest close since November 2020 as countries around the world escalate measures to penalize President Vladimir Putin for invading Ukraine.

Jaguar, Aston Martin stop Russian deliveries

British automakers Jaguar Land Rover and Aston Martin paused vehicle shipments to Russia, as sanctions over the war in Ukraine had created growing trading obstacles for the car industry.

Renault shares crushed by concerns about automaker's Russia exposure

Shares of Renault, the European automaker most exposed to Russia, tumbled to their lowest close since November 2020 as countries around the world escalate measures to penalize President Vladimir Putin for invading Ukraine.

Stellantis sets up task forces as impact of Ukraine crisis on automakers intensifies

Stellantis has established two task forces to deal with the effects of the Russian invasion of Ukraine.One of the task forces is monitoring sanctions imposed by the U.S. and its Western allies on Russia and how the automaker will comply with them. The other is keeping watch on the automaker's 71 staff in Ukraine. The employees were safe as of the last update.

Volvo, GM, VW, Daimler Truck suspend shipments to Russia

Volvo said it will suspend car shipments to the Russian market until further notice, while Volkswagen has temporarily suspended deliveries to local dealerships of cars already in Russia. Daimler Truck also said it would freeze its business activities in Russia with immediate effect, including its cooperation with Russian truck maker Kamaz.

VW halts EV production in Germany as Ukraine crisis hits supplies

Volkswagen will halt production this week at two EV plants in Germany after Russia’s invasion of Ukraine hit deliveries of components. Production of VW, Audi and Cupra compact battery-electric cars built on the VW Group’s MEB platform will be affected.

Auto technlogy supplier Aptiv shifted high-volume production out of Ukraine

Automotive technology supplier Aptiv shifted high-volume production of parts for vehicles out of Ukraine over the past couple months ahead of possible hostilities, CEO Kevin Clark said.