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Mitsubishi Motors says it may suspend car production, sales in Russia due to sanctions

Published 02/28/2022, 11:22 PM
Updated 03/01/2022, 12:00 AM
© Reuters. Staff members wearing protective masks and face shields, amid the coronavirus disease (COVID-19) pandemic, stand in front of the logo of Mitsubishi Motors at Tokyo Auto Salon 2022 at Makuhari Messe in Chiba, east of Tokyo, Japan January 14, 2022. REUTERS/

TOKYO (Reuters) - Japanese automaker Mitsubishi Motors (OTC:MMTOF) , said on Tuesday that it may suspend production and sale of its cars in Russia as economic sanctions imposed on Russia could trigger supply chain disruptions.

Japanese trading house Mitsubishi Corp owns 141 Mitsubishi dealerships in Russia, according to its website.

Japan on Tuesday joined the United States and other allies in slapping additional sanctions on Russia, including freezing assets of the country's leaders and three financial institutions.

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