According to Autonews.ru, referring to the Association of Automotive Components Distributors (ADAK), the German company Bosch, which is the world’s leading supplier of spare parts for the automotive industry, has stopped deliveries of parts to Russia.
The Russian office of Bosch said that the company continues to fulfill its obligations to supply goods to the extent possible: “The situation is changing rapidly, we are monitoring developments and adjusting our work to reflect changing circumstances.”

According to representatives of the Association of Distributors of Automotive Components, this is due to a sharp depreciation of the ruble, uncertainty about the prospects for working on the Russian market and problems with logistics. The termination of the supply of spare parts was confirmed by official car dealers in Russia, as well as sources in large car companies. According to market participants, stocks of spare parts will last for 1-2 weeks, after which there will be a shortage in the country.
Deliveries to Russia have been stopped. Large suppliers of auto parts do not ship their usual range to their partners and contractors. It is unprofitable to sell them at current prices.
Director of ADAK Alexey Pevkhenen”
Already, most distributors have increased prices by 1.5-2 times. Today we reported that Lada and Renault spare parts have rapidly risen in price and are now in short supply.
Source: ixbt

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.