Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling BackToyota is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year.
Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling BackGlobal 500, is an annual ranking of the top 500 corporations worldwide
Global 500Top 100 largest companies in Russia by revenue
Top 100Toyota Motor Manufacturing Russia (TMMR) is one of Toyota's vehicle production bases in Europe. It is located in Shushary, Saint Petersburg, Russia, and has been manufacturing the Camry (since 2007) and the RAV4 (since 2016).
Initially stopped production at its St. Petersburg plant and stopped imports of vehicles; no statement about retail operations and services inside Russia. 23.09.2022: Toyota Motor decided to close its factory in Russia. But at the end of 2022 the Toyota concern was the first automaker to resume direct deliveries of spare parts to Russia. "We are talking about details that did not fall under the sanctions". Also, the Russian daughter of Toyota Motor (the official supplier of products in the Russian Federation) allowed its dealers to parallel import spare parts that are subject to restrictions, such as electronics.
March 16, 2023 | Toyota may transfer the plant in St. Petersburg to NAMI |
November 23, 2022 | Toyota closes plant in Russia and lays off employees |
September 30, 2022 | Toyota Ends Russian Manufacturing |
September 23, 2022 | Toyota Motor to close its factory in Russia |
September 23, 2022 | Toyota stops production in the Russian Federation, but does not leave the market |
June 09, 2022 | Toyota supports humanitarian efforts to help Ukraine emergency situation |
May 02, 2022 | Toyota suspends production and deliveries to Russia |
March 03, 2022 | Toyota statement on Russian local manufacturing and vehicle imports |