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Stellantis keeps Russia van plant open as Renault shuts

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Renault’s decision lagged moves by Volkswagen Group, BMW and Ford Motor Co. to suspend operations at local factories. 

With less at stake than Renault in Russia, Stellantis CEO Carlos Tavares said earlier this month that the maker of brands including Jeep, Peugeot, Opel and Fiat would halt exports and imports to and from Russia.

Tavares said Stellantis could move some van production from the Kaluga plant, which it shares with Mitsubishi, to van factories in Hordain, France, and Luton, England.

Tavares has said Russia accounts for 20 million to 30 million euros ($33 million) of profit annually, making any impact on the automaker’s overall operations negligible. 

The Kaluga plant, about 150 km (93 miles) southwest of Moscow, builds about 11,000 commercial vehicles a year.

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