[NEWS] Toyota will close the plant in St Petersburg

Toyota closes a plant in Shushary (St. Petersburg), Kommersant reports citing sources. According to them, the automaker could not arrange the supply of components to the Russian Federation. The site is going to be mothballed and subsequently sold. They will part with the employees of the Moscow office of the company: they and the staff of the plant will be offered increased compensation – from 12 salaries. At the same time, the concern does not leave the Russian market.

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Since the beginning of March, the plant in Shushary has been idle due to the outbreak of hostilities in Ukraine. The import of brand cars in the Russian Federation is also still suspended. The company has been operating for 15 years. Russian President Vladimir Putin took part in the ceremony of laying the first stone at the site of future production in 2005, and then in its launch.

Camry and RAV4 models were produced in St. Petersburg. The capacities were designed for the production of 100 thousand cars per year. The company also supplied cars to Kazakhstan, Belarus, and Armenia.

In connection with the events in Ukraine, the suspension of production in Russia was announced by such automakers as Volkswagen, Skoda, Toyota, Lexus, Nissan, BMW, Mercedes-Benz, Porsche, Rolls-Royce, Jaguar Land Rover, Daimler Truck, Scania, Volvo Trucks, Ford, General Motors and Stellantis (brands Opel, Peugeot, Citroen, Jeep, Dodge, Fiat).