Toyota closes car assembly plant in St. Petersburg

MOSCOW: Toyota closes its car assembly plant in St. Petersburg, the press service of Russia’s Industry and Trade Ministry reported. The comp...


MOSCOW: Toyota closes its car assembly plant in St. Petersburg, the press service of Russia’s Industry and Trade Ministry reported. The company will fulfill all obligations to employees and provide compensation payments, they noted.

In March, Toyota suspended the operation of its plant in St. Petersburg due to disruptions with supply of components and a protest against Russian invasion in Ukraine. The Toyota Motor plant in St. Petersburg was opened in 2007.

"Toyota Motor Company closes the assembly site in St. Petersburg. At the same time, it will ensure the fulfillment of all social obligations to the team, as well as significant additional compensation payments. In addition, the company will retain after-sales service for Toyota and Lexus vehicles and support for the dealer network," the ministry said.

The Industry and Trade Ministry together with the government of St. Petersburg, is working on possible scenarios for the development of this production site.

-News Feed

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Local Glob: Toyota closes car assembly plant in St. Petersburg
Toyota closes car assembly plant in St. Petersburg
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