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The3Amigos

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Former Hyundai Plant in St. Petersburg Reopens Under New Russian Owner

Jan. 9, 2024

TASS_51231416.jpg

The Hyundai Motor Manufacturing Rus car factory in St. Petersburg.Alexander Demianchuk /

TASS
South Korean automaker Hyundai’s former production plant in St. Petersburg has reopened under new Russian management, state media reported Tuesday, citing the factory’s press service.
In December, the Hyundai plant — which suspended operations in March 2022 amid an exodus of foreign companies from Russia was sold to the company Art-Finance for a reported 10,000 rubles ($111).
Art-Finance is owned by the auto dealership group Avilon, which in May bought the Russian assets of German carmaker Volkswagen, including its flagship Kaluga factory near Moscow.
“Downtime [of the St. Petersburg plant] has not been extended. We are engaged in personnel training and equipment maintenance,” the factory’s press service was quoted as saying by the state-run TASS news agency.
https://www.themoscowtimes.com/2024/01/12/hyundai-sells-st-petersburg-auto-plant
According to the company, around 800 workers are currently employed at the production facility.
Reuters reported last month that Hyundai would take a 287 billion won ($219.19 million) loss in selling the St. Petersburg plant, according to a regulatory filing by the company.
Hyundai said it plans to still provide after-sale services and other customer care businesses to support vehicle owners in Russia.
On Thursday, Russia’s Minister of Industry and Trade Denis Manturov said vehicle production at the plant, now under Art-Finance’s ownership, would start no later than mid-2024.
 

The3Amigos

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another look at Voyah Passion which is a beastly full size electric car from Dongfeng

 

The3Amigos

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and an in depth look at Bestune B70 mid size sedan from First Auto Works

 

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It became known how much foreign cars could become more expensive in the Russian Federation in 2024 08:37

Anika
ByANIKA
January 12, 2024

The minimum cost of a new foreign car in Russia, currently 2.8 million rubles, may increase to 3-3.2 million rubles in 2024. In this respect report Ivestia cites auto expert Roman Soldatov.

“When we talk about changes in car prices, we must of course also take into account the ruble exchange rate. The main currency is the dollar, so the higher its value, the higher the car prices. This primarily concerns parallel imports. The second factor is the recycling fee, new rates add 300 thousand rubles and more to the cost of the car. The third factor is New Year’s discounts. Everything that dealers discounted during the holidays now needs to be collected, which means that these discounts will most likely have to be compensated by increasing prices,” said Soldatov.

Before that, the Ministry of Industry and Trade announced that the Russian automobile market would begin to recover and the sales level could reach 1.3 million units in 2024. The department stated that the sales volume in 2026 will correspond to the average annual sales volume in 2015-2021. The market will gradually grow by 1% per year from 2027. Thus, by 2030 the Russian automobile market will reach the level of 1.8 million cars per year, and by 2035 the sales volume will reach 1.9 million cars per year.

Also, for the first time in 2023, China Will be It is the world’s largest automobile exporter, thanks to growth in supplies to the Russian and Mexican markets. China supplied 730 thousand vehicles to Russia in the first 11 months of 2023. This is seven times more than in the same period in 2022.

Previously reportedRussians now have money to buy new cars.
 

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Sales of Kia Soul, produced in Kaliningrad, started in Russia 09:18

Anika
ByANIKA
January 12, 2024

After sending the Kia Seltos model to dealers, Kaliningrad Avtotor began supplying another crossover – Soul, I learned “socialbites.ca”. In 2022, the plant was unable to produce these cars due to the freezing of component supplies from Korean partners.

“Cars are gradually being brought in from Avtotor – Seltos and Soul. The manager of the Kia car dealership in Moscow told the socialbites.ca correspondent, who asked about buying a car from new deliveries, although it is only now starting to be delivered, but according to its name, it is produced in 2022.

A large number of car carriers with Kia cars for major dealers are located in St. It is stated that it was delivered to St. Petersburg, Moscow and other major cities of the Central Federal District.

2022 Kia Soul is coming updated. The new product features new front and rear bumpers, an enlarged radiator grille and headlights combined in a common unit. Finally, the color scheme of the body was also revised. The interior of the Kia Soul remains almost unchanged. Only the buttons on the steering wheel have changed.

The updated Kia Soul is equipped with a 149-horsepower 2-liter gasoline engine, CVT and front-wheel drive.

Previously reportedHe said that Lada Niva SUVs will receive a new engine in 2025.
 

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New parts may be removed from Lada Granta to reduce price 09:36

Anika
ByANIKA
January 12, 2024

Russian automaker AvtoVAZ does not exclude the possibility of releasing even more simplified versions of Lada Granta if there is demand. In this respect reports Portal “Automobile News of the Day” with reference to the company’s president, Maxim Sokolov.

According to the top manager, everything depends on demand. Lada Granta cars are used not only in cities, but also in rural areas, where simplified configurations are especially in demand. If a buyer is ready to give up conventional electric power steering in order to buy a car for 10 thousand rubles cheaper, AvtoVAZ is ready to give him this opportunity.

It happened before that knownHe said the company had assembled several test Granta sedans into an anti-sanctions version. This car has no interior plastic sill linings, a seal on the lower door flange, a seal on the inside of the hood, glove compartment lighting, trunk lighting, built-in trunk closing handle, trunk release button instrument panel and power steering. Airbeg and air conditioner.

Simplified versions of the Lada Granta model began to be produced on June 6, 2022. This version did not have airbags, emergency notification system for traffic accidents (ERA-GLONASS), ABS and ESP assistants. Later, airbags were installed in the cars.

Previously reportedAvtoVAZ announced that it has launched a recall campaign for Lada Granta.
 

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Sales of the new premium crossover Hongqi started in Russia 10:00

Anika
ByANIKA
January 12, 2024

Hongqi HS5 Sales of the new crossover start in Russia. In this respect reports “Rossiyskaya Gazeta”, referring to Alexander Zalogin, director of the Avilon Hongqi brand.

“Hongqi HS5 We expect the new premium crossover to arrive within a week. Zalogin said that the vehicle will be offered in two trim levels: Comfort (5,390,000 rubles) and Deluxe (5,990,000 rubles).

The car is equipped with a gasoline power unit with a capacity of 245 hp. and eight-speed transmission.

The Comfort package includes a panoramic sunroof, 360-degree camera, keyless entry and heated seats. The Deluxe version is completed with cruise control, heated steering wheel, rear parking sensors and contactless trunk opening system.

It happened before that knownIt was stated that China will be the world’s largest automobile exporter for the first time in 2023 due to increasing supply to the Russian and Mexican markets. China supplied 730 thousand vehicles to Russia in the first 11 months of 2023. This is seven times more than in the same period in 2022.

Previously reportedRussians now have money to buy new cars.
 

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AvtoVAZ talked about the fate of the Lada X-Cross 5 project 12:29

Anika
ByANIKA
January 12, 2024

The project to produce new crossovers Lada X-Cross 5 was closed. In this respect reports Telegram channel “Avtopotok” with a link to a resource on AvtoVAZ.

“The project was closed, they will not continue the assembly of such cars, since FAW closed the issue of cooperation with VAZ. Of the 170 assembled crossovers, 50 were sold in Moscow, 120 cars were transported to Tolyatti. 60 copies have already been fitted with winter tires, a source told the channel. “These will be used as official means of transportation for VAZ management,” he said.

It is stated that the X-Cross 5 will not go on sale.

The start of production of Lada

From the official website of AvtoVAZ in December information Lada X-Cross disappeared about the 5 crossover.

Previously reportedThat AvtoVAZ could further simplify Lada Granta to reduce the price.
 

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AvtoVAZ announced the release date of the sports modification Lada Niva 12:57

Anika
ByANIKA
January 12, 2024

Lada Sport company, which is part of AvtoVAZ, will offer the sports version of the classic three-door SUV Lada Niva by the end of 2024. This was reported by Izvestia with reference to AvtoVAZ president Maxim Sokolov.
“The Lada Sport division is preparing the sports version of the Lada Niva Legend by the end of the year and may show the new Vesta Sport,” the report says.
There is no exact date for the launch of the project and there is no information about the possible cost of Lada Niva Sport cars.
The Lada Niva Sport project became known in September 2022. It was noted that Lada Niva Sport will be produced with the eight-valve 90 horsepower 1.6-liter engine currently installed in Lada Granta. Additionally, the model may receive a 122-horsepower 1.8-liter engine, as well as a reinforced suspension and a more modern transmission. The new modification will also be equipped with sports seats with red stitching and red decorative inserts.
Previously reportedThe Lada X-Cross 5 crossover project is finally closed.




Source: Gazeta
 

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