Hyundai Motor takes over GM factory in St. Petersburg
Arirang News
2020-12-23
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현대차, 러시아 상트페테르부르크 GM 공장 인수
South Korean carmaker Hyundai Motor Group has completed its acquisition of a GM factory in St. Petersburg, Russia.
The auto giant made the announcement on Tuesday.
Established in 2008, the factory has the capacity to build 100-thousand cars a year.
GM closed the factory to scale down its overseas business.
Hyundai Motor says it's yet to decide on when production will resume because of the pandemic.
South Korean carmaker Hyundai Motor Group has completed its acquisition of a GM factory in St. Petersburg, Russia.
The auto giant made the announcement on Tuesday.
Established in 2008, the factory has the capacity to build 100-thousand cars a year.
GM closed the factory to scale down its overseas business.
Hyundai Motor says it's yet to decide on when production will resume because of the pandemic.
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