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Ford to run EV, ICE businesses separately

Ford Motor Co said on Wednesday its electric vehicle (EV) and internal-combustion engine (ICE) units would be run as separate entities, in a move aimed at supercharging its EV business as it plays catch up with Tesla Inc.

GM suspends vehicle exports to Russia

General Motors has suspended vehicle exports to Russia, where it sells approximately 3,000 units annually, in response to the invasion of Ukraine.

Volvo, Daimler Truck suspend business in Russia

Volvo and Daimler Truck have suspended some operations in Russia in the wake of the invasion of Ukraine. Volvo is no longer shipping cars to Russia and Daimler Truck parent Mercedes-Benz is looking for ways to divest from investments in the country.