Japan to expand Russia automobile export ban in line with G-7 peers

Japan decided Friday to expand a ban on vehicle exports to Russia from Aug. 9 to encompass used cars in line with sanctions by the Group of Seven nations amid Moscow's war against Ukraine.Japan already prohibited shipments to Russia of premium vehicles worth more than 6 million yen ($43,000) beginning in April last year, and the latest measure will additionally cover new and used gasoline- and diesel-powered vehicles exceeding 1,900 cubic centimeters in engine capacity, electric and hybrid vehicles, as well as tires for large vehicles.Japanese cars are in high demand in Russia and the expan…READ FULL ARTICLE