Volkswagen to halt production in Russia

Volkswagen halts vehicle assembly in Russia following Moscow's invasion of Ukraine

German automaker Volkswagen has suspended vehicle assembly in Russia amid Moscow's invasion of Ukraine.

The company announced the decision on Tuesday, saying that it was "deeply concerned" about the war in Ukraine and the "human suffering" it has caused.

Volkswagen is the latest automaker to halt production in Russia. Earlier this month, Ford, General Motors, and Toyota all announced that they would be suspending operations in the country.

Volkswagen's decision is a major blow to the Russian economy.

The company is one of the largest automakers in the world, and its decision to halt production is likely to have a significant impact on the Russian automotive industry.

In addition to the human cost of the war in Ukraine, the conflict is also having a significant impact on the global economy.

The suspension of production by Volkswagen and other automakers is likely to lead to job losses and economic hardship in Russia.

It is unclear how long Volkswagen's suspension of production in Russia will last.

The company said that it will continue to monitor the situation in Ukraine and make decisions about its operations in Russia accordingly.