Ukrainian Auto Parts Supply Disruption Stops Car Factories
Russia’s invasion of Ukraine is reverberating through the global car industry, with the strongest effects on European carmakers who have relied on Ukrainian factories to produce components for their cars. The Ukrainian foreign investment bureau identifies BMW, Mercedes-Benz, and Volkswagen Group brands Audi, Bentley, Lamborghini, Porsche, and Volkswagen as carmakers that rely on parts from the country’s supply plants. That government agency says that before the invasion, the country had…