Honda Motor Co. is halting exports of cars and motorcycles to Russia, joining a growing number of global companies choosing not to do business in the country after its invasion of Ukraine.
The Japanese carmaker made the decision based on complications around distribution and financing, said Honda spokeswoman Misako Saka. It will resume shipments once the situation returns to normal, she added.
Mazda Motor Corp. is also suspending shipments of parts to a plant in Russia, the Nikkei newspaper reported.