Two days ago, Russian specialized media exploded with the news that the Korean automaker Kia has revised its sales plans for 2025 and has included Russia in the list of export countries.
In connection with these publications, Hyundai Motor Group officially commented on this information. "There is no way to confirm this information. There are many articles that appear in the Russian media based on extreme assumptions, but they are not true and we stop responding to them," the Korean company said.
Hyundai Motor Group is the largest South Korean brand, whose return to the Russian Federation is actively discussed in the media. In December 2022, the company sold 100% of its Russian shares, including its plant in St. Petersburg, for 10 thousand rubles with the option to buy back the enterprise within two years. However, judging by the Koreans' statement, this is most likely not going to happen. At least in the foreseeable future.