Russian Media: Hyundai and Kia Still Producing Vehicles in Russia

Hyundai Motor Store in Seoul City

Hyundai Motor Company and Kia are reported by local Russian media to be continuing vehicle production in Russia. Following the Ukraine crisis, most global companies operating in Russia have either suspended operations or withdrawn their business sites.

On the 28th (local time), according to the Russian state news agency TASS, Denis Manturov, Russia's Minister of Industry and Trade, told reporters that Chinese automaker Haval and South Korea's Hyundai and Kia are continuing assembly production in Russia.

Minister Manturov stated, "Although production has somewhat decreased, Haval, as well as Hyundai and Kia, continue production at Avtotor," adding, "Hyundai is also conducting some production in Saint Petersburg."

Regarding other automakers that have halted production in Russia, he said, "We expect to reach a final conclusion by the end of May."

Before Russia's invasion of Ukraine, Hyundai and Kia were conducting contract assembly of some models through the Russian automobile plant Avtotor located in the western Russian exclave of Kaliningrad, and Hyundai was operating its own production facility in Saint Petersburg. However, production was officially suspended after the Ukraine war began.

Stellantis, a US-European joint automotive company, recently stopped its Russian production plant due to parts supply disruptions caused by Western sanctions. French automaker Renault is reportedly planning to withdraw by selling all shares of its subsidiaries in Russia.

This content was produced with the assistance of AI translation services.