Russian Invasion Slams Brakes on European Car Industry

GALWAY, IRELAND--March 3, 2022--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Russia's invasion of Ukraine has begun to hit Europe's struggling car manufacturing industry with Volkswagen (VW) (Wolfsburg, Germany) stopping electric vehicle (EV) production at two German plants due to the shortage of components.

Within this article: Details impact of invasion on European carmakers, component shortages, plants affected, ongoing semiconductor shortages, future threats