General Motors has suspended vehicle exports to Russia until further notice, the automaker told FOX Business on Monday, Trend reports.
GM no longer manufactures any vehicles in the country after divesting itself of a joint venture with Russian automaker AvtoVAZ in 2019, but has a sales operation that imports about 3,000 cars per year, according to Reuters.
The company said it is working to safeguard its staff in Russia as it analyses the implications the sanctions will have on the business.
"We continue to monitor developments ant take action to implement mitigation strategies as appropriate."