Supercar market leaders Ferrari and Lamborghini simultaneously froze all activities in Russia and transferred millions of euros to humanitarian projects in Ukraine.
Following the British and German manufacturers of luxury-class cars, Italian brands have declared their support for Ukraine. Ferrari and Lamborghini not only announced the suspension of activities in Russia, but also millions in donations in support of Ukraine.
"Ferrari stands alongside everyone in Ukraine affected by this ongoing humanitarian crisis", stated Ferrari CEO, Benedetto Vigna. "While we hope for a rapid return to dialogue and a peaceful solution, we cannot remain indifferent to the suffering of everyone affected. Our thoughts and support go out to them. We are playing our small part alongside the institutions that are bringing immediate relief to this situation."
The legendary sports car manufacturer and the most titled Formula 1 team has already transferred 1 million euros to the international humanitarian projects of the Red Cross and the UN that are working in Ukraine.
"Furthermore, given the ongoing situation Ferrari has taken the decision to suspend the production of vehicles for the Russian market until further notice. We continue to monitor the situation closely and will always respect all rules, regulations and sanctions," Signor Viña stressed.
The transferred funds will be used for international humanitarian projects aimed at helping the people of Ukraine and Italian initiatives to receive Ukrainian refugees.
"We are deeply saddened by the events in Ukraine and observe the situation with grave concern. The company is preparing a donation to the UN Refugee Aid," the official statement from Lamborghini reads. The money will be forwarded directly to the UNHCR—the UN Refugee Agency—which has been active in Ukraine since 2014. In light of the current situation, business with Russia has been put on hold. Lamborghini hopes for a swift end of the hostilities and a return to diplomacy."