Korean guess: Hyundai is restarting one of its Russian factories
- March 27, 2023
- 0
The polite persistence of Korean car brands can only be admired: they nod confidently, reaffirming their commitment to a “whole world” policy in one part of the world
The polite persistence of Korean car brands can only be admired: they nod confidently, reaffirming their commitment to a “whole world” policy in one part of the world and a firm strategy to stay in business no matter what. in another part. While the whole world was fascinated this week by the collapse of the US banking system, the Koreans returned to the Russian market for another half step. And in more detail – in the material of the portal “AvtoVzglyad”.
The wave of information that reached the Russians in 2022 is difficult to estimate. Perhaps the best and most accurate comment – this has not happened yet. So that at once from all the cracks. However, loud shouts from one place and meaningful pirouettes often have a completely different meaning, which is why you should not take everything directly and literally.
For example, Korean automakers, unlike German ones, do not side with the “Washington regional committee” in everything and are not eager to leave the established Russian market. No matter how categorical the statements of the leadership may sometimes sound. Too much money was invested and the profit, no matter what anyone said, was significant. Thus, the words of the Koreans are not necessarily followed by actions. And maneuvers with an assembly plant in the Leningrad region, which first closed, then stamped the bodies, then “sent to Kazakhstan”, and then was not sent – confirmation of this.
The world economy is a chessboard: the pieces are not just white and black, and the movement of each must be taken into account. Gradually, about every day, the situation changes, so that even an agreed concept sometimes requires serious revisions. Oh, where are you, dear five-year-olds and even, I’m not afraid of this word, ten-year plans …
The fate of Hyundai’s main assembly plant in St. Petersburg is still undecided. But then came other news that fully reflects the fragility of the situation: the Koreans are restarting the Hyundai WIA engine plant, which opened to much fanfare in 2021, after a long standstill. At this rate, the new Solaris will arrive at Russian dealerships on schedule. And how, one wonders, does that compare to the 159th package of sanctions? Was there a loophole in the first ten thousand barriers? And the explanation for this is simpler than it seems.
– The Koreans are much calmer and more moderate than the same Japanese about what is happening, they are in no hurry to jump to conclusions and certainly do not intend to break their economic ties with Russia. There is an extensive list of goods (for example, electronics) that are prohibited for delivery, but there are also many directions in which the Land of Morning Calm is ready to do business and ship products, – this is how AvtoVzglyad’s own resource in the automotive business climate described the current political situation.
Here you are, Grandma, and the tenth package of sanctions.
Photo: Hyundai
The wave of information that reached the Russians in 2022 is difficult to estimate. Perhaps the best and most accurate comment – this has not happened yet. So that at once from all the cracks. However, loud shouts from one place and meaningful pirouettes often have a completely different meaning, which is why you should not take everything directly and literally.
For example, Korean automakers, unlike German ones, do not side with the “Washington regional committee” in everything and are not eager to leave the established Russian market. No matter how categorical the statements of the leadership may sometimes sound. Too much money was invested and the profit, no matter what anyone said, was significant. Thus, the words of the Koreans are not necessarily followed by actions. And maneuvers with an assembly plant in the Leningrad region, which first closed, then stamped the bodies, then “sent to Kazakhstan”, and then was not sent – confirmation of this.
The world economy is a chessboard: the pieces are not just white and black, and the movement of each must be taken into account. Gradually, about every day, the situation changes, so that even an agreed concept sometimes requires serious revisions. Oh, where are you, dear five-year-olds and even, I’m not afraid of this word, ten-year plans …
The fate of Hyundai’s main assembly plant in St. Petersburg is still undecided. But then came other news that fully reflects the fragility of the situation: the Koreans are restarting the Hyundai WIA engine plant, which opened to much fanfare in 2021, after a long standstill. At this rate, the new Solaris will arrive at Russian dealerships on schedule. And how, one wonders, does that compare to the 159th package of sanctions? Was there a loophole in the first ten thousand barriers? And the explanation for this is simpler than it seems.
– The Koreans are much calmer and more moderate than the same Japanese about what is happening, they are in no hurry to jump to conclusions and certainly do not intend to break their economic ties with Russia. There is an extensive list of goods (for example, electronics) that are prohibited for delivery, but there are also many directions in which the Land of Morning Calm is ready to do business and ship products, – this is how AvtoVzglyad’s own resource in the automotive business climate described the current political situation.
Here you are, Grandma, and the tenth package of sanctions.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
