Which brands are included in kia motors:
It is part of the Hyundai Motor Group corporation
What does kia motors make:
It specializes in the production of modern and multifunctional cars.
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Who has not left the Russian market? March 16, 2022 - economic truth:
"Despite tough technological sanctions and a shortage of spare parts, some car manufacturers are ready to continue operating in Russia. Among them are Renault (France), Hyundai (Korea), Kia Motors (Korea), Mitsubishi (Japan) and Nissan (Japan).
Renault, Mitsubishi, Hyundai and Kia together pay $2.5 billion in taxes.
Hyundai will not stop supplying cars, as well as another Korean company - Kia. The latter has 14 factories in Russia, where 52,000 people work."
Source
June 5, 2023 - kse institute:
"Global car manufacturers are feeling the pinch as disruptions in logistics and supply chains to the Russian market have become a reality. Kia is the latest automaker that plans to leave Russia. Revenue in 2022 from Russian operations has fallen significantly compared to 2021.”
Source
Has kia motors left the Russian market? August 23, 2024 - Mind ua:
"Hyundai sold two factories in Russia and finally left the market of the aggressor country. Russian "Art-Finance" bought the Hyundai plant in Kamianets and near St. Petersburg. The Art-Finance company, which is part of the Avilon dealer holding, was registered in Moscow in February 2023. In May of the same year, the company bought the Russian assets of Volkswagen, in particular the enterprise in Kaluga.
Before the beginning of the Russian Federation's full-scale aggression against Ukraine, Hyundai produced 200,000 cars a year at the Russian plant. But due to sanctions, Kia and Hyundai can no longer provide supplies to Russia, and the bid on parallel imports did not meet expectations."
Source
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Brands: Part of the Hyundai Motor Group corporation
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