Japanese automakers Honda and Mazda are stopping exports to Russia, the Japanese newspaper Nikkei reported.

Honda stops exporting cars, motorcycles and engines to Russia. The automaker does not have its own factory in Russia, so it exports the entire volume of supplies from the USA and Japan. Mazda stops the supply of parts for the plant in Russia. At the factory in Vladivostok, the automaker is assembling finished cars. Since there is a stock of parts in the warehouses, which will last for several months, after stopping the supply of parts, the plant will be able to continue working, the newspaper writes.

Mitsubishi carmaker is also considering the possibility of stopping production in Kaluga due to problems with the supply of parts from Japan and Thailand; the plant may close in March, writes Nikkei. Starting next week, Toyota is also reducing the production of parts intended for shipment to Russia; the automaker is analyzing the situation, the publication adds.

Export stops are associated with a fall in the ruble exchange rate and a break in supply chains, which complicates further production. At the same time, the Nissan carmaker has already reduced production in Russia due to interruptions in the supply of parts, but intends to continue producing and selling its cars in Russia.

Of the 862 billion yen ($7.56 billion) of exports from Japan to Russia, 40%, or 357.5 billion yen (3.14 billion) is accounted for by car exports. If we add to them the export of auto parts, the amount will exceed 50% of the total export figures, the article notes.