Italian supercar brands Ferrari and Lamborghini pull out of Russia

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Ferrari and Lamborghini have shut down exports to Russia. The Italian supercar brands are the latest motor industry partners to halt exporting cars to Russia in response to its invasion of Ukraine.

Monday, March 14, 2022 at 11:29 AMFerrari and Lamborghini are the latest carmakers to suspend exports to Russia in response to the country's invasion of Ukraine

Ferrari will also donate €1 million to support Ukrainians in need, while Lamborghini said the company is preparing a donation to the UN Refugee Aid foundation, which the Volkswagen Group has been a longstanding partner The Italian carmakers join Ford, Mercedes, Renault, Toyota, Volkswagen, Porsche, Skoda and Volvo who have halted producing and exporting cars to Russia as the invasion of Ukraine continues by Russian forcesFamous Italian sportscar brands Ferrari and Lamborghini are the latest automotive brands to announce halting exports to Russia. The announcements come off the back of Russia's invasion of Ukraine, which has been over 1,5 million Ukrainians displaced.

Several carmakers who manufacture vehicles in Russia have suspended operations as Western-led sanctions have forced companies to prematurely stop the production and retail of goods and services in Russia.

 

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