At the former Hyundai plant, 70,000 cars can be assembled from scraps

2023-12-19 21:23:50

How Hyundai left

Hyundai’s St. Petersburg plant shut down in March 2022 due to the SVO and subsequent difficulties with the logistics of components. Before this, the South Korean concern was one of the most massive car manufacturers on the Russian market. In 2021, 234,000 cars were made in St. Petersburg, of which 71,000 were Solaris and Creta models. The rest of the volume came from Kia Rio. At the end of 2021, vehicles produced at the HMMR plant began to be equipped with locally assembled engines. HMMR’s net profit under RAS in 2021 amounted to 11.2 billion rubles, but already in 2022 it received 18.8 billion rubles. loss, follows from SPARK-Interfax data.