Mazda Motor Corp. has decided to end production in Russia, following Toyota Motor Corp.'s exit from the country, due to difficulties in procuring parts.
Mazda suspended its operations in Russia in spring due to supply chain disruptions caused by Russia's aggression in Ukraine.
The automaker made the decision to fully withdraw as there was no prospect of being able to resume operations.
Mazda considers Europe to be one of its major markets. As condemnations continue to mount against Russia, the automaker is also believed to have taken the impact on its corporate image into consideration.
Mazda plans to hold practical discussions regarding its withdrawal with the Russian company that it cooperates with in a joint venture.
The automaker had produced the CX-5 sports utility vehicle and other models in Vladivostok in eastern Russia since 2012 for the local market.
Toyota, for its part, announced Friday that it will close its plant in St. Petersburg in western Russia.
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