 | |
| Company type | Subsidiary |
|---|---|
| Industry | Automotive |
| Founded | 29 February 2008 |
| Defunct | 27 September 2023 [1] |
| Headquarters | Sestroretsk, Russia |
| Parent | Hyundai Motor Company |
| Website | www |
OOO Hyundai Motor Manufacturing Rus was an automobile manufacturer based in Sestroretsk, Russia. The company was an wholly-owned subsidiary of the South Korean Hyundai Motor Company and is considered to be the first full-fledged automobile plant of a foreign automobile plant in the Russian Federation.
Hyundai Motor Manufacturing Rus was established on 29 February 2008 and the foundation stone was laid on 5 June. [2]
The press shop was able to start the test run on 19 May 2010. On the occasion of the test run, a small opening ceremony was held among the workforce. A short time later, the pre-production of the new Solaris began, a model that is located as a hatchback in the small car segment and as a sedan in the compact class. The design of the model comes from the Fluidic Sculpture concept study. The engines used come from the Gamma series. The first presentation of the Solaris models took place in August 2010 at the Moscow International Automobile Salon. [3]
Series production finally started with an annual capacity reduced to 105,000 units. With the introduction of the 5-door, the capacity increased to 150,000 units. At full capacity, up to 200,000 automobiles can be produced per year. [4]
In December 2020, Hyundai has completed the acquisition of a decommissioned General Motors manufacturing plant in Shushary, Saint Petersburg, making it the second plant for HMMR. [5] [6]
In September 2021, the Hyundai WIA division opened a car engine manufacturing plant in Saint Petersburg, the biggest in Russia and the fifth in the world. The new plant is designed to produce about 330,000 engines for Hyundai Solaris and Creta as well as for Kia Rio by the end of the year 2021. The construction of the plant began in December 2019. [7]
On 27 September 2023, Hyundai sold the Saint Petersburg factory to an unnamed Russian company. [8]
The Hyundai Motor Company, often referred to as Hyundai Motors, and commonly known as Hyundai, is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, which was founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and fully owns two marques including its luxury cars subsidiary, Genesis, and their electric vehicle brand Ioniq. The three brands altogether make up the Hyundai Motor Group.
Kia is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. As of 2015, Kia is owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion.
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The Hyundai Accent, or Hyundai Verna is a subcompact car produced by Hyundai. In Australia, the first generation models carried over the Hyundai Excel name used by the Accent's predecessor. The Accent was replaced in 2000 by the Hyundai Verna in South Korea, although most international markets, including the US, retained the "Accent" name. The "Accent" name is an abbreviation of Advanced Compact Car of Epoch-making New Technology.
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The Moscow International Automobile Salon or MIAS is the biennial auto show held at Crocus Expo in Moscow, Russia. The show is scheduled by the Organisation Internationale des Constructeurs d'Automobiles, which considers it a major international auto show. The organizers are the Association of Russian Carmakers NP and the Expo Centre. Numerous dealer conferences organized by car producers are forming the integral part of the program. In September 2010, it received the status of 'A' High Class Automobile Salon.
Hyundai Motor Europe GmbH is the European division of South Korean automaker Hyundai Motor Company, its headquarters is in Offenbach am Main, Germany. It has a R&D center in Frankfurt and three manufacturing plants: one in Nošovice, Czech Republic; one in Saint Petersburg, Russia; and one in Turkey. Three models were produced at the TagAZ's plant in Taganrog. Its slogan for the European Market is "New Thinking, New Possibilities".
Avtotor is an automobile manufacturing company located in Kaliningrad Oblast, Russia. Avtotor was established in 1996. By 2008, it was one of the largest producers and assemblers of cars in the world. Industry publication Automotive Manufacturing Solutions estimates the company's revenue for 2011 at 4 billion euros and total employees at 3,500, although credit rating agency Expert estimated total revenue in 2017 at $689 million. In 2022, the company's revenue amounted to 9.5 billion rubles.
The Hyundai Creta, also known as Hyundai ix25 in China, is a subcompact crossover SUV produced by Hyundai since 2014 mainly for emerging markets, particularly BRICS. It is positioned above the Venue and below the Tucson in Hyundai's SUV line-up.
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The automotive industry in Vietnam is a fast-growing sector mainly reliant on domestic sales. All currently produced models are designed abroad by foreign brands, and many rely on knock-down kit production. Due to high import taxes on automobiles, the Vietnamese government protects domestic manufacturing. Although Vietnam is a member of the ASEAN Free Trade Area, automobile imports fall under an exception. Since January 1, 2018, the 30% import tax has been discontinued as part of ASEAN agreements. Currently, the Vietnamese motor industry is not deemed competitive enough to make exports feasible. As of April 2018, 85% of car sales in Vietnam were produced domestically from knock-down kits.
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The K platform series are platforms developed by Hyundai and Kia for its range of automobiles since 2017.
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