Governor of the Kaliningrad region Anton Alikhanov said that the Avtotor plant continues to produce cars of the South Korean brands Kia and Hyundai. He added that the stock of parts is enough for about 3 months of work, but there is no need to worry, because the South Korean partners continue to ship components.
It is worth recalling that last month the Avtotor Kaliningrad plant began production of the fifth generation Kia Sportage crossover, which should go on sale in our country in the first half of 2022.
Avtotor also continues to build factories for the production of localized products, investments in which amount to 32 billion rubles. According to the Finmarket agency, last year the company invested 6 billion rubles in the project.
In early March, BMW suspended production at the facilities of Avtotor, as well as the import of cars to the Russian market. Further decisions will be made based on the evolution of the situation.
Source: ixbt
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
