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.
The Kaluga region, 190 kilometers (120 miles) southwest of Moscow, says it has attracted more than 1.3 trillion rubles ($15 billion) in investment, mostly foreign, since 2006.
But Western sanctions imposed in recent weeks after Russia sent tens of thousands of troops into Ukraine have exacerbated lingering component shortages and halted production at Volkswagen and Volvo Trucks.
A third factory, Stellantis' PSMA Rus joint venture plant with Mitsubishi, may halt production soon due to a lack of parts, Stellantis' CEO, Carlos Tavares, said last Thursday.