Hyundai and its sister company Kia already have a factory in Russia, producing up to 200,000 vehicles per year. The two Korean brands combined to sell over 400,000 vehicles in Russia in 2019, meaning the recent acquisition won’t be wasted. “Yes indeed, it is our second plant, now we are working on possible scenarios to use this asset,” said Alexey Kalitsev, head of Hyundai’s Russia division.
The Hyundai Motor Group’s other factory in Russia produces the Hyundai Solaris (a rebadged Hyundai Accent), the Hyundai Creta (similar to the Hyundai Venue), and the Kia Rio. We suspect the recently-acquired St Petersberg plant will add capacity for these three models.
