Skoda Auto stopping all its activities in Russia over invasion
The car maker Skoda Auto is suspending all its activities in Russia over the invasion of Ukraine, the company said in a press release. It will suspend production at its Russian plants in Kaluga and Nizhny Novgorod, and will stop exporting cars to the country. Russia is a significant export destination and was Skoda’s second largest market in 2021 with over 90,000 vehicles sold in the country. Skoda produces the Octavia, Karoq, Kodiaq and Rapid models in Russian plants. The first three models are produced in Nizhny Novgorod, and Rapid is produced at the Kaluga plant.