Thousands of auto workers have been furloughed and food prices are soaring as Western sanctions hit the small Russian city of Kaluga and its flagship foreign automakers, with more sanctions likely to come.
Thousands of auto workers have been furloughed and food prices are soaring as Western sanctions hit the small Russian city of Kaluga and its flagship foreign automakers, with more sanctions likely to come.
If Russia’s invasion of Ukraine was bad for the auto industry, that conflict might seem like a speed bump compared with the chaos unleashed by a Chinese invasion of Taiwan.