In Pics: Auto companies' sanctions against Russia

On February 25, the French carmaker announced to suspend some of its operations at its car assembly plants in Russia due to logistics bottlenecks that have caused component shortages. Later on March 23, Renault, the Western carmaker most exposed to the Russian market, announced to suspend operations at its plant in Moscow while it assesses options on its majority stake in Avtovaz, the country's No. 1 carmaker.

Volvo Cars will suspend shipments of cars to the Russian market until further notice because of potential risks associated with trading with the country, including the sanctions imposed by the European Union and United States.

Swedish truck-maker AB Volvo announced to halted all its production and sales in Russia. Volvo Group generates around 3 per cent of its sales in Russia and has one factory in the country. "We now have a bit more clarity on sanctions and security in the region... this means all operations in Russia end," reported Reuters quoting a company spokesperson.

Detroit-based company General Motors (GM) announced to suspended all vehicle exports to Russia until further notice. GM doesn’t have any plants in Russia and only sells about 3,000 vehicles annually with limited supply-chain exposure. "Our thoughts are with the people of Ukraine at this time," GM said in a statement. "The loss of life is a tragedy and our overriding concern is for the safety of people in the region.”

Daimler Truck said that it would freeze its business activities in Russia with immediate effect, including its cooperation with Russian truck maker Kamaz, which is 47% owned by Russian state conglomerate Rostec.

BMW halted the export of cars to Russia and would stop production on the ground there. "Due to the current geopolitical situation, we are discontinuing our local production in Russia and export to the Russian market," BMW said in a statement. The company also said it expected production would be interrupted because of supply bottlenecks.

Ford Motor Co has informed joint venture partner Sollers it is immediately suspending operations in Russia until further notice. Ford also stated that it does not have significant operations in Ukraine and its Ford Fund is making a $100,000 donation to the Global Giving Ukraine Relief Fund for humanitarian aid to assist displaced Ukrainian citizens and families.

Harley-Davidson Inc has suspended its business and shipments of its motorcycles to Russia.

Jaguar Land Rover paused vehicle shipments to Russia and stated that "The current global context also presents us with trading challenges so we are pausing the delivery of vehicles into the Russian market and continually monitoring the situation on behalf of our global customer base.”

Aston Martin said because of sanctions imposed against Russia it was pausing sales and vehicle shipments to the country. "As a global brand that exports product to both Ukraine and Russia, Aston Martin is closely monitoring the ongoing situation in Ukraine," the company said  in a statement.

"Our primary concern is the safety and wellbeing of our partners and customers in Kyiv and their families and we remain in close contact with our local dealer at this difficult time," Aston Martin further added.

Toyota Motor Corp announced to halt production at its Russian factory and has to stop vehicle imports into the country indefinitely due to supply chain disruptions, the automaker said. "Like everyone around the world, Toyota is watching the ongoing developments in Ukraine with great concern for the safety of people of Ukraine and hopes for a safe return to peace as soon as possible," Toyota said in a statement.

German luxury carmaker Mercedes-Benz said it would suspend the export of passenger cars and vans to Russia as well as local manufacturing in Russia until further notice.

Volkswagen has said that the company is halting its activities in Russia and the production at the automaker's Kaluga and Nizhny Novgorod sites will be suspended until further notice. The company also stated that its vehicle exports to Russia will be stopped with immediate effect.

Continental had suspended at its Kaluga plant and stopped imports and exports from Russia. The company also announced that it is working on identifying locations where it can raise production to compensate for the loss of output at its Kaluga plant in Russia.