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

Leave Withdrawal

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
464
Assets(RF), mln.USD
316
Capital(RF), mln.USD
301
Car Dealerships
70
Glob.Revenue, mln.USD
27799
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.

The Company Statement
December 15, 2022

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. https://www.reuters.com/markets/deals/russian-carmaker-sollers-buy-out-mazdas-stake-vladivostok-joint-venture-2022-11-10/

September 11, 2023Instead of Mazda, Sollers will produce analogues of Chinese pickup trucks at the Vladivostok plant
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 10, 2022Mazda supports humanitarian efforts to help Ukraine emergency situation
March 02, 2022Honda and Mazda stopped deliveries of cars and components to Russia
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