OREANDA-NEWS The Japanese Nissan has decided to suspend production in Russia for the first half of the fiscal year that began on April 1. This was stated by the company's CEO Makoto Uchida. Suspension of production has been caused by a lack of components.

Uchida added that the company will take steps to minimize the negative impact of disruptions in the supply of components on its work.

The car factories of the Japanese companies Nissan and Toyota in St. Petersburg announced their downtime in March. According to the governor of the city, Alexander Beglov, production will be resumed as soon as supplies of components and equipment are restored.

The governor also claimed that the St. Petersburg authorities interact with top managers of enterprises and are "ready to provide the necessary assistance at any time". "We must pay tribute to the owners of our car factories: they demonstrate dignity. They pay employees at least 2/3 of the average salary. No one is laid off or fired except on a personal request", Beglov added.

In May, Nissan CEO Makoto Uchida said the company's plant in St. Petersburg would likely not reopen in 2022. "We have to assume that operations will be suspended for a year", Automotive News quoted him as saying.