Korean company Hyundai has indefinitely suspended the reconstruction project of the former General Motors plant in the village of Shushary, Leningrad Region. About informs Newspaper “Business Petersburg”.
Reconstruction of the plant in Shushari was to begin this spring. It was estimated at 36 billion rubles. Refurbishment of existing workshops was planned, but in reality this work never started. In addition, the construction of new buildings could not begin. Causes are unknown.
According to the publication, Hyundai may revise the concept of the project and refuse to produce expensive cars. Especially on the former GM site, Hyundai Tucson, Hyundai Palisade and Kia Sportage models are planned to be produced.
Previously reportedreported that the installation of equipment for the production of the updated Lada Vesta will be completed at AvtoVAZ by March 2023. Then the release of the model will continue.
Source: Gazeta
