Bayerische Motoren Werke AG, the German luxury car maker, said that it had stopped exports of vehicles to Russia and would cease assembly of vehicles with a partner in Kaliningrad.

“We condemn the aggression against Ukraine and follow developments with great concern and dismay. Due to the current geopolitical situation we will stop our local production and export for the Russian market until further notice”, - a BMW spokesman said.

BMW also said that supply-chain disruptions, such as the closure of some supplier plants in Ukraine, would hit production at some factories.