Hyundai Motor’s board of directors is responsible for the company’s St. He decided to sell his factory in St. Petersburg. The publication writes about this Yonhap.
The Russian company Art-Finance LLC was specified as the buyer. The sale decision was approved at the extraordinary board meeting.
St. The Hyundai plant in St. Petersburg went into operation in 2010. The company produced the Hyundai Solaris, Hyundai Creta, Kia Rio and Kia Rio X-Line models. The company suspended its operations in March 2022.
Evgeniy Zhitnukhin, head of the dealership department of the Fresh automotive market at the beginning of November 2023 aforementioned St. About the shortage of Hyundai Solaris cars in Russian car dealerships due to downtime of the factory in St. Petersburg. He stated that there is a shortage of affordable cars from European, Korean and Japanese manufacturers in the Russian automobile market.
Until the end of the month reportedSt. He said that the Hyundai concern plant in St. Petersburg will restart car production in 2024. The company will start assembling Kia and Hyundai cars and will be launched under the Chinese brand GAC.
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