Categories: Auto News

Hyundai-Kia concern is interested in returning to Russia

South Korean journalists argue that the issue of resuming official supplies of cars is again on the agenda. According to Yonhap, Hyundai is considering the possibility of the return of the plant near St. Petersburg in AGR. The News1 portal is in solidarity that Hyundai is interested in returning. The press service of the automaker was limited to the statement “Nothing has yet been confirmed.”

South Korean experts agree that it will not be easy to return to the positions of 2022 to the Hyundai concern, since the Russian car market was flooded with Chinese cars. The option for the return of the plant at the AGR holding is valid until the end of 2025, and there is not much time, because the transaction should receive the approval of the Russian government, and the parties have to agree on the price.

Kia Pegas: The cheapest Korean sedan Russian analogue of the Hyundai Creta has risen in price and lost a powerful engine Truck for the Zumers: which surprised the new Kia Tasman

Until 2022, the Hyundai and Kia were leaders of the Russian market among foreign automakers and together sold more than 370 thousand cars a year in our country. At that time, about 7% of foreign sales of Hyundai-Kia accounted for Russia. The interest of the Korean business in return is indirectly confirmed by re -registration of the Hyundai trademark in the Federal Intellectual Property Service of Russia. Kia also continued to hold “global” response campaigns in our country.

The possibility of returning is considered not only in Hyundai: the prospects for our market are studied by Samsung Electronics and LG Electronics. The spokesman for the President of Russia told reporters that there were no signals about the return from the South Korean and Japanese business. However, in the dealer community, this option is considered very likely.

The most interesting parallel new items of 2024

Recent Posts

Restoration of the ZIM car from the Transport Museum has been completed in Moscow

A seven-seater sedan with a monocoque body was produced at the Gorky Automobile Plant from…

Lexus introduced an updated LM minivan with silent tires

The Japanese automaker continues to gradually improve its flagship minivan, which debuted in the current…

Autostat: in Russia, sales of Xcite crossovers decreased by 3 times in a month

In February 2026, only 128 new cars of this brand were registered, the production of…

JD Power recognized Volkswagen as the most unreliable car

In the annual reliability rating for 2026, based on surveys of car owners, Volkswagen took…

Geely will release a crossover that can travel from Moscow to Samara without refueling

The Galaxy M7 is positioned as a family car and represents Geely's bet on record-breaking…

Chinese BAIC will start selling a frame SUV with a drone included

The hybrid frame SUV Xiangye 700 is a modernized version of the BAIC BJ60, which,…