The St. Petersburg Hyundai plant stopped work in March 2022 due to a special operation in Ukraine and subsequent sanctions and difficulties with the supply of components. Before this, the South Korean concern was one of the most massive automakers on the Russian market. In 2021, 234 thousand cars were produced in St. Petersburg, of which 71 thousand each were Solaris and Creta models. The rest of the volume came from the Kia Rio. At the end of 2021, cars produced at the HMMR plant began to be equipped with locally assembled engines. GMMR’s net profit under RAS in 2021 amounted to 11.2 billion rubles, but already in 2022 it received 18.8 billion rubles. a loss
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