By Vidhi Choudhary Car companies including Renault, Volkswagen, Stellantis and Mercedes are closely watching their Russia plant operations as the Ukraine situation crumbles. As Russian troops pour into Ukraine, world leaders are retaliating by imposing targeted sanctions on Russia. President Joe Biden is reportedly expected to announce a fresh set of sanctions on the region in a bid to curtail Russian power later on Thursday. The European Commission has also said more sanctions would follow. Over the last few days, the U.S. has imposed sanctions on two major Russian banks and on the country’s …