Clean Break: the company completely halting Russian engagements or exiting Russia

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Mazda Motor Corporation is a Japanese multinational automaker.

Clean Break: the company completely halting Russian engagements or exiting Russia

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Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
17
Assets(RF), mln.USD
214
Capital(RF), mln.USD
208
Car Dealerships
70
Glob.Revenue, mln.USD
33426
Investments, mln.USD
139
Staff(RF), 2021
100

Joint venture with the Russian Sollers group, where the Mazda CX-9, Mazda CX-5, Mazda CX-30 and the Mazda 6 sedan are manufactured. Mazda sold the plant in Vladivostok but MAZDA MOTOR RUS LLC is still not sold. Mazda retained the right to buy back its stake in the joint venture within three years. Mazda is returning to the Russian market, including guarantees. Cars available for purchase also appeared on the mazda.ru website. Japan's Mazda Motor (7261.T), opens a new tab, has lost the right to buy back its 50% stake in a car manufacturing joint venture in Russia after failing to exercise an option to do so. Mazda's stake in the joint venture, which previously assembled Mazda passenger cars in Vladivostok, was sold to Sollers. for one euro in October 2022 with a right to buy back for the same amount within three years.

The Company Statement
November 03, 2025

According to Nikkei, the company is suspending the export of spare parts to the plant in Vladivostok. The available stock of components will be enough for production and sale for several months. Mazda in talks to end Russia production, following Toyota exit. Mazda Could Soon Sell Its Stake In Russian Joint Venture. In a results statement, Mazda said the deal would be worth one euro, bring it the right to buy the asset back for the same amount within three years. New Mazda cars with a warranty have started to be sold in Russia again. Several models have started to be delivered to the country at once. However, this is not about the official return of the Japanese brand to the Russian market, reports the editor-in-chief of the Russian magazine "Za Rulem" Maxim Kadakov. Kadakov explained that Mazda Motor Corporation does not officially supply its cars to the Russian Federation. According to him, the Japanese brand is not going to return to Russia, and has not given permission to use its logo in the country. All Mazda cars that are currently being brought new to Russia are manufactured in China. They are mainly produced by Changan Mazda Automobile Co. This means that new Mazda cars are entering Russia through "gray imports". Kadakov noted that deliveries are handled by Mazda Motor Rus LLC, which brings cars to the Russian Federation, also carries out customs clearance and provides a three-year warranty on its own behalf. Such a scheme is carried out without the participation of the automaker. Revenue decreased in 2024 vs 2023 by more than -20%.

November 04, 2025Mazda Becomes First Foreign Carmaker to Lose Control of Its Russian Joint Venture
May 27, 2025Website in Russia
May 24, 2025New Mazda cars with a warranty have started to be sold in Russia, but there is a nuance
September 11, 2023Instead of Mazda, Sollers will produce analogues of Chinese pickup trucks at the Vladivostok plant
December 15, 2022Mazda sold the plant in Vladivostok
December 07, 2022Letter sent by B4Ukraine to the company (no response provided)
November 10, 2022Russian carmaker Sollers to buy out Mazda's stake in Vladivostok plant
October 26, 2022Sollers will replace Mazda with another manufacturer at a plant in Vladivostok
September 27, 2022Mazda Could Soon Sell Its Stake In Russian Joint Venture
September 25, 2022Mazda Sees No Return Path to Production in Russia, Yomiuri Says
September 25, 2022Mazda in talks to end Russia production, following Toyota exit
April 02, 2022Honda and Mazda to halt exports to Russia
March 02, 2022Honda and Mazda stopped deliveries of cars and components to Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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