Currently reading: Stellantis vows to comply with sanctions on Russia

Firm has set up taskforces to monitor its Ukrainian employees and react quickly to new sanctions

Stellantis CEO Carlos Tavares said any decision on how the firm will alter its operations in Russia "depends very much on what the politicians are going to decide".

He told reporters: "We're expected to be a compliant corporation. We comply with the rules, laws and regulations in peacetime and we comply with sanctions in wartime."

Last Thursday, when Russia invaded Ukraine, Stellantis set up a dedicated taskforce to monitor the wellbeing of its 71 Ukrainian employees (who were safe as of last night) and now has another taskforce specifically to "translate these sanctions, that are decided by the hour, into business decisions".

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