Statement on the Volkswagen Group's business activities in Russia

The Volkswagen Group has received the news about the war in Ukraine with dismay and shock. Volkswagen continues to hope for a cessation of hostilities and a return to diplomacy. We are convinced that a sustainable solution to the conflict can only be found based on international law.

In view of the Russian attack on Ukraine and the consequences of this, the Group Board of Management of Volkswagen AG has decided to halt the production of vehicles in Russia until further notice with immediate effect. This decision applies to the Russian production sites in Kaluga and Nizhny Novgorod.

Likewise, vehicle exports to Russia will be stopped with immediate effect.

By largely suspending business activities in Russia, the Group’s Board of Management is responding to the overall situation, which is characterised by significant uncertainty and disruption.

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