Pause operations: company temporarily curtailing operations while keeping return options open

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Mazda Motor Corporation is a Japanese multinational automaker.

Pause operations: company temporarily curtailing operations while keeping return options open

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Top 100 largest companies in Russia by revenue

Top 100
Revenue in RF, mln.USD
1196
Car Dealerships
70
Capital, mln.USD
592
Glob.Revenue, mln.USD
22767
Staff
100
Assets, mln.USD
328

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 could soon sell its stake in Russian joint venture.

The Company Statement
November 10, 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 on Thursday, 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 27, 2022Mazda Could Soon Sell Its Stake In Russian Joint Venture
September 25, 2022Mazda in talks to end Russia production, following Toyota exit
September 25, 2022Mazda Sees No Return Path to Production in Russia, Yomiuri Says
October 26, 2022Sollers will replace Mazda with another manufacturer at a plant in Vladivostok
March 02, 2022Honda and Mazda stopped deliveries of cars and components to Russia
March 10, 2022Mazda supports humanitarian efforts to help Ukraine emergency situation
April 02, 2022Honda and Mazda to halt exports to Russia
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