As economic sanctions on Russia, which invaded Ukraine, increased, automaker Honda decided to suspend exports of passenger cars and motorcycles to Russia.
Honda exports SUVs = multipurpose sports cars to Russia from the United States, which has no factory in Russia and has a manufacturing base for passenger cars, and sells about 1,500 cars annually.
In addition to the turmoil in the local distribution network, he said that he considered the risk of being unable to settle or collect funds in the future due to the effects of economic sanctions.