Nissan suspends exports to Russia, creates fund to aid Ukraine

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In a recent press release, Nissan announced that it has suspended its exportation of vehicles to Russia. The Japanese automotive brand adds that it is also anticipating the cessation of the operations of its plant in St. Petersburg.

KEY TAKEAWAYS

  • What will Nissan do with regard to its Russian operations?

    Nissan says that it has suspended exportation to the country and is expected to stop the operations of its St. Petersburg plant.
  • How much money will Nissan donate to the Red Cross?

    Nissan will donate one million euros to the Red Cross.
  • Furthermore, Nissan extends its support to the humanitarian crisis in Ukraine by creating a €2.50-million fund. Through the Nissan Cares fund, the company will donate €1 million to the Red Cross and other non-profit organizations to support ongoing emergency activities that provide lifesaving assistance and essential supplies to families and children at this time.

    Nissan is also prepared to donate vehicles, where these can help, said the Yokohama-based automaker.

    In addition, Nissan also seeded this special fund with €1.5 million to provide financial stability and ongoing support for Nissan employees and their families who have been impacted by the crisis. It can be used to support relocation costs, living expenses for displaced families, medical expenses, and special assistance for children as it is tailored to support individual situations.

    Nissan welcomes employees and partners who would like to contribute to the Nissan Cares special fund, either through monetary donations, or goods such as food and clothing.

    “We have all been moved by the suffering of so many people and families – including members of our own Nissan family. We have created the Nissan Cares fund to stand by our employees, and to support to the international efforts working around the clock to respond to this immeasurable human tragedy,” said Nissan CEO Makoto Uchida.

    Photo from Nissan

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