• Reuters

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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.

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