As Interfax reports citing the St. Petersburg Employment Center, the Hyundai plant will remain idle until at least December. What will happen next is still unknown – the Kaliningrad Avtotor was interested in the Russian assets of the Hyundai brand, which, after the termination of cooperation with Korean and German partners, is developing cooperation with Chinese brands, for example BAIC, Kaiyi and SWM .

South Korean media reported that a Kazakh investor could become the buyer of Hyundai’s Russian assets, but so far this information has not been confirmed. The St. Petersburg plant was put into operation in September 2010 – until the spring of 2022, the company produced Solaris, Creta, Kia Rio and Kia Rio X-Line models with a capacity of more than 200,000 cars per year.

As Interfax reports citing the St. Petersburg Employment Center, the Hyundai plant will remain idle until at least December. What will happen next is still unknown – the Kaliningrad Avtotor was interested in the Russian assets of the Hyundai brand, which, after the termination of cooperation with Korean and German partners, is developing cooperation with Chinese brands, for example BAIC, Kaiyi and SWM .

South Korean media reported that a Kazakh investor could become the buyer of Hyundai’s Russian assets, but so far this information has not been confirmed. The St. Petersburg plant was put into operation in September 2010 – until the spring of 2022, the company produced Solaris, Creta, Kia Rio and Kia Rio X-Line models with a capacity of more than 200,000 cars per year.