Russia Threatens To Nationalize The Factories Of Foreign-Owned Companies That Pause Operations

A senior member of Russia’s ruling party has proposed nationalizing the factories of companies that shut down operations in response to its invasion of Ukraine. Russia has been hit hard with sanctions, which has led a number of companies, including ...

Russian Self-Driving Tech Company Yandex Pauses U.S. Operations

Yandex, a Russian self-driving company, has paused its U.S. operations as Russia’s invasion of Ukraine continues. The company has been testing autonomous robotaxis in Ann Arbor, Michigan but has paused testing. It has also stopped making restaurant deliveries with its ...

President Biden Bans All Imports Of Russian Oil, Gas, Coal And Other Energy Products To U.S.

On March 8th, President Biden banned the import of all natural gas and petroleum products from Russia. “Russian oil will no longer be accepted in U.S. ports, and the American people will deal another powerful blow to Putin’s war ...

Shell Reverses Course, Says It’s Sorry And Will Stop Buying Russian Crude Oil After Facing Criticism

Shell plc today announced its intention to pull out of its involvements in all Russian hydrocarbons, including crude oil, petroleum products, gas, and liquefied natural gas. The decision comes after Shell was criticized for buying 100,000 metric tons of ...

Shell Defends ‘Difficult’ Decision To Buy Russian Oil At Record Discount Price

Shell is defending its decision to buy 100,000 metric tons of crude oil from Russia at a record discount. The move breaks a self imposed embargo that the oil industry had applied following the country’s unprovoked invasion of Ukraine. ...

Ukraine Conflict Could Make Microchip Crisis Worse And Hurt U.S. Plants

Russia’s invasion of Ukraine has already forced several automakers to close plants in Russia, and has even caused parts supply problems affecting BMW factories in Germany. But now it looks like the conflict could cause major problems for U.S. automakers ...

Russian Invasion Of Ukraine Could Lead To Second Wave Of Microchip Shortage

The crisis in Ukraine could have more knock-on effects down the line for the automotive sector as supplies of neon are impacted by Russia’s invasion. That could lead to a further shortage of semiconductor chips in the long term. Ukraine ...

Haas Drops Russian Driver Nikita Mazepin And Sponsor Ahead Of 2022 F1 Season Over Ukraine Invasion

In response to the ongoing conflict between Russia and Ukraine, Haas F1 Team has dropped Russian driver Nikita Mazepin and terminated their contract with Russian title sponsor Uralkali, of which Mazepin’s father is the deputy chairman. After the news broke ...

Oil Surges To Multi-Year Highs As Russian Supply Shortfall Looms

Oil pours out of a spout from Edwin Drake’s original 1859 well NEW YORK (Reuters) – Oil surged on Friday, ending the week at multi-year highs as Russia’s invasion of Ukraine intensified and oil buyers shunned barrels from the ...

Russian driver Nikita Mazepin axed from Haas F1 team

Nikita Mazepin and his oligarch father Dmitry Mazepin in the presence of Russian president Vladimir Putin. A Hass VF-22 wearing a plain livery devoid of Russian branding. All is fair in love and war? Nikita Mazepin is out of ...

India to raise fuel prices from next week amid concern over inflation

Workers enter the amount into a fuel pump machine before filling up the vehicles at a petrol station NEW DELHI (Reuters) – India will raise petrol and diesel prices next week for the first time in more than four ...

Nikita Mazepin terminated by Haas following Russian invasion

KANNAPOLIS, N.C. — The Haas Formula One team has terminated Russian driver Nikita Mazepin’s contract “with immediate effect” following Russia’s invasion of Ukraine. Mazepin tweeted he was “very disappointed” at the outcome. The decision comes on the back of F1’s ...

Ukraine crisis clouds outlook for Italy's Brembo after Q4 margin drop

The logo of Brembo is seen at its headquarters in Bergamo, Italy (Reuters) – Italian premium brakes maker Brembo said on Thursday core earnings and margins were hit in the fourth quarter by higher production costs and the global ...

Audi Stops Taking Orders For Plug-In Hybrids In Europe As A Result Of Ukraine Crisis

Audi has been forced to stop taking orders of its plug-in hybrid models in Europe because of production interruptions related to the Russian invasion of Ukraine. Germany’s Automobilewoche reports that the automaker will be taking orders for plug-in hybrid vehicles ...

It Looks Like The Hyundai And Kia Group Won’t Cut Exports Or Production In Russia – For Now

Korea’s largest automakers may not join European, North American, and some Japanese automakers in stopping exports to Russia, a market that has become increasingly important to their bottom line. At least for the time being. We reached out to both ...

Russia’s Invasion of Ukraine Hits American Motorists Wallets as Gas and New Car Prices Soar

Prices Soar for Oil and Other Critical Raw Materials Expect to see the numbers spin a little faster if you go to gas up over the next few days. The effects of the Russian invasion of Ukraine are being felt ...

Porsche halts Macan, Panamera output due to UKR-RUS conflict

Not even Porsche is immune from the ongoing Ukraine-Russia The ongoing conflict between Ukraine and Russia is causing plenty of problems for Europe. Aside from the fact that it’s wreaking havoc in the region, it’s also posing a big problem ...

Ukraine Says Citizens Don’t Have To Declare Captured Russian Tanks On Their Taxes

Ukrainian authorities are continuing to troll Vladimir Putin as the country’s National Agency for the Protection of Corruption (NAPC) has said citizens don’t need to declare captured Russian tanks and other military equipment as part of their income. A not ...

BMW Forced To Halt Much Of Its European Production As Ukraine Crisis Hits Parts Supplies

BMW will temporarily cease production on several of its key plants over next week because it can’t get urgently needed parts from suppliers in Ukraine. The automaker’s German plants in Munich and Dingolfing, plus the Mini factory in Oxford, England, ...

Stellantis Donates €1 Million To Ukrainian Refugees, Says Will Comply With Sanctions On Russia

As the situation in Ukraine continues to develop, the Stellantis group has just committed to donating €1 million ($1.1 million USD) to assist with humanitarian efforts regarding refugees and civilians. It’s also making commitments to all affected employees in the ...

Ford stops JV work In Russia, Stellantis donates to Ukrainian refugees

Russia’s invasion of Ukraine is obviously killing civilians and destroying infrastructure throughout the country. It’s also affecting the auto industry there and across wider Europe, from the wiring harnesses we mentioned earlier today to new announcements from Ford and Stellantis. ...

Car industry responds to Russian invasion of Ukraine amid sanctions and supply chain disruptions

JLR, Aston Martin and Mini all affected The Russian invasion of Ukraine and subsequent sanctions imposed on the country by the UK, Europe and the United States has created yet more disruption for a car industry already beset by supply ...

Russian & Belarusian Drivers Can Compete In F1 Without National Flag, Mazepin Seat Still In Doubt

The Haas livery was basically a Russian flag which has been removed In an emergency meeting of the world motor sport council hosted by new FIA president Mohammed Ben Sulayem on Tuesday, it was decided that in light of ...

Volvo Stops Car Deliveries/Sales In Russia. First Of Many Automakers?

Both Volvo’s passenger car and commercial truck division have released statements confirming that they would cease all business in Russia following the country’s invasion of Ukraine until further notice. This would involve the halting of all vehicle sales (Volvo Car ...

After GM, Jaguar-Land Rover And BMW Group Suspend All Vehicle Exports To Russia

Update, March 1, 2022: Jaguar Land Rover along with the BMW Group confirmed today that they are suspending deliveries to the Russian market as well. “Jaguar Land Rover’s first priority is the well-being of our entire workforce and their families, ...

More automakers suspend or limit operations in Russia

Global auto and truck makers have suspended some business in Russia following that country’s invasion of Ukraine. Russian forces invaded Ukraine last week, marking the biggest attack by one state against another in Europe since World War II. Many ...

Charging stations affected by Ukraine conflict

Charging stations for electric vehicles along the Russian M11 motorway stretching from Moscow to Saint Petersburg are currently out of order. The charging stations have been hacked by a Ukrainian company that supplies parts for the power dispensers. The ...

War in Ukraine halts electric car supply chains

The Russian invasion of Ukraine is not only having a devastating impact on the local population but is also affecting global supply chains. Missing parts are bringing assembly lines in Germany, the UK and the Czech Republic to a ...

Pesawat Terbesar Dunia, Antonov AN-225 Musnah – Jadi Mangsa Krisis Rusia, Ukraine

Pesawat terbesar di dunia, Antonov AN-225 telah dilaporkan musnah ketika pencerobohan Rusia ke atas Ukraine baru-baru ini. Nasib tidak menyebelahi kapal terbang kargo terbesar dunia itu apabila ia musnah setelah berada di lapangan terbang berhampiran Kiev untuk menjalani penyelenggaraan ketika ...

Google Maps Disables Live Traffic Data In Ukraine To Protect Citizens

Google has temporarily disabled Google Maps’ live traffic feature in Ukraine in order to protect citizens during the Russian invasion, report Vice and Reuters. The feature, which uses anonymous location data collected from Android smartphones, is intended to give ...

GM Suspends All Vehicle Exports To Russia Until Further Notice

General Motors will suspend vehicle exports to Russia following the invasion of Ukraine. The move follows the application of U.S. sanctions on the country. “Our thoughts are with the people of Ukraine at this time,” a GM spokesperson told Carscoops ...

“Need A Tow Back To Russia?” Ukrainian Driver Jokes With Russian Soldiers After Their Tank Runs Out Of Fuel

Russia’s invasion of Ukraine does not seem to be going as well as President Vladimir Putin planned. For one, Ukraine’s citizens have turned out to be much more resilient than Putin could have hoped. But more surprising is the ...

FIA calls extraordinary meeting amid Russia’s war on Ukraine

Nikita Mazepin (RUS) Haas F1 Team VF-22. Formula One Testing, Day 1, Wednesday 23rd February 2022. Barcelona, Spain. The FIA’s World Motor Sport Council will meet on Tuesday for an extraordinary meeting amid Russia’s ongoing invasion of Ukraine. Ukraine, ...

Volvo Cars And Volvo Trucks Suspend Sales In Russia Following Invasion Of Ukraine

Volvo Cars said Monday that it will stop vehicle shipments to the Russian market until further notice. Volvo Trucks will, similarly, suspend sales there. The move makes Volvo the first international carmaker to stop selling cars in the country following ...

Ban Russians from competing, says Ukraine federation

Nikita Mazepin (RUS) Haas F1 Team VF-22. Formula One Testing, Day 2, Thursday 24th February 2022. Barcelona, Spain. Ukraine’s motorsport federation has called for Russians to be prohibited from FIA-sanctioned competitions in the wake of Vladimir Putin’s decision to ...

Automakers Idling Production In Russia In Wake Of Ukraine Invasion

Several automakers are announcing plans to pause production or shift it following Russia’s invasion of Ukraine. Avtovaz, the maker of Lada vehicles and Russia’s biggest automaker, announced that it may suspend some assembly lines on Monday due to persistent global ...

Russian Tank Goes Out Of Its Way To Crush Civilian Car In Ukraine, Driver Miraculously Survives

*WARNING: Some readers may find the following videos disturbing As reports of the Russian invasion in Ukraine continue to emerge, the toll the military occupation is taking on civilians is becoming clearer. New footage released on Friday shows a ...

Russia's Ukraine invasion could pressure light-vehicle sales growth

Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales this year, auto industry consultants J.D. Power and LMC Automotive said in a joint forecast on Friday. The consultants cut their forecast for global ...

F1: Haas Has Dropped Uralkali's Branding And Russian-Flag Themed Livery

Haas drops Uralkali branding and Russian livery Haas, the American owned team, has been sponsored by Uralkali over the past season. With Uralkali being the title sponsor, Haas ran a livery based largely on the Russian flag’s colours owing ...

Will the FIA Cancel The Russian F1 GP?

At time of writing, Formula 1 driver, Sebastien Vettel has come out publicly and said that he would not race in Sochi. Will the other drivers/ teams follow suit?  Max Verstappen has taken a more tempered approach, instead threatening to follow Vettel in ...

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