Oleg Deripaska’s van maker GAZ is asking the government for almost 30 billion rubles ($468 million) in support because it claims U.S. sanctions could slash production by almost 40 percent in the second half of the year, the Kommersant business daily reported on Thursday.

Kommersant cited a March 29 letter from GAZ Deputy General Director Vadim Sorokin to Deputy Prime Minister Dmitry Kozak of March 29 warning of the risk of default and negative social and economic consequences.