Ford and Volkswagen do not plan to lay off employees at their Russian plants, the directors of the carmakers' Russian subsidiaries told news agency Prime-Tass on Tuesday.

Ford's plant is in Vsevolozhsk in the Leningrad Region while Volkswagen has a plant in Kaluga.

Toyota said last week its plant in St Petersburg, which makes the Camry, plans to suspend production from 30 March to 6 April due to the ongoing financial crisis.
 
The 750 workers will receive two-thirds of their usual pay during the suspension.