Toyota to end auto output in Russia over war-induced supply crunch

Toyota Motor Corp. said Friday it has decided to exit from auto production in Russia, saying it sees no prospect of resuming already suspended output as supplies of key materials remain disrupted seven months into Moscow's war against Ukraine.Toyota, which halted operations at its plant in St. Petersburg in March due to supply chain issues, is the first major Japanese automaker to announce its withdrawal from vehicle manufacturing in Russia.Nissan Motor Co., another Japanese automaker, recently decided to extend its suspension of its plant in St. Petersburg for three months until late Decem…READ FULL ARTICLE