• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Amazon workers on food stamps have tripled despite its record revenue—and it’s just the latest evidence of the new economy of shrinking labor shares

2

After Trump says he doesn't need Congress for his $5,000 'dividend,' House Speaker Mike Johnson says not so fast but vows to try to make it happen

3

Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’

1

Amazon workers on food stamps have tripled despite its record revenue—and it’s just the latest evidence of the new economy of shrinking labor shares

2

After Trump says he doesn't need Congress for his $5,000 'dividend,' House Speaker Mike Johnson says not so fast but vows to try to make it happen

3

Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’
Hyundai

Hyundai’s Plant in Russia Will Start Exports to Georgia and Tunisia

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
August 23, 2016, 12:33 PM ET
Automobile Assembly At Russia's Avtotor Plant
Workers load new Kia Motor Corp. cee'd automobiles onto a covered freight train at the Avtotor auto assembly plant in Kaliningrad, Russia, on Tuesday, Aug. 2, 2016.Photograph by Andrey Rudakov — Bloomberg via Getty Images
Google source logo
Add Fortune on Google for similar content.

Hyundai Motor’s Russian plant will start exporting Russian-assembled cars to Georgia and Tunisia this month, it said in a statement on Tuesday.

Hyundai, the world’s fifth-biggest automaker, will ship the Solaris, its flagship model in Russia, to Tunisia and its Accent and Creta models to Georgia. It started producing its Creta model in a Saint Petersburg plant in August.

It also plans to sell the Creta in Kazakhstan, Belarus, Ukraine and Georgia and countries in the Middle East.

Hyundai’s Russia business has exported 2,500 cars so far this year to some ex-Soviet nations and other countries.

 

Ford’s Russian business began exporting Russian-assembled cars to Belarus in June, partly to offset weak demand in the Russian domestic market.

Russia’s auto industry is forecast to fall 10% in 2016, following the impact of the country’s economic crisis brought on by the collapse in oil prices and Western sanctions over the Ukraine conflict.

Amazon Will Now Deliver a Car to Your Doorstep

New car sales in Russia fell 16.6% year on year to 109,410 vehicles in July, after a 12.5% fall in June.

About the Author
By Reuters
See full bioRight Arrow Button Icon

Latest in


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.