Nissan Motor Co. has suspended production in Russia for the first half of the business year that began on April 1 as there is little prospect of the situation regarding the country improving, Chief Executive Makoto Uchida said on Tuesday.
"We believe this situation could become more serious and prolonged," a spokesman quoted Uchida as saying at Nissan's annual general meeting (AGM), in reference to a worsening Russia-Ukraine conflict.
Workers have been informed and the automaker will continue to monitor the situation and minimize its impact, Uchida said.