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Hyundai will reduce car production in Russia by 6.3% in 2016

December 30, 2015, 21:16 UTC+3 ST.PETERSBURG
In 2015, the company produced 229,500 cars
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© ITAR-TASS/Ruslan Shamukov

ST.PETERSBURG, December 30. /TASS/. The Russian plant of Hyundai in St. Petersburg plans to reduce production volume in 2016 by 6.3% in comparison with 2015 to 215,000 cars, the company said in a statement on Wednesday.

"Next year, <...> we will continue stable operation without any changes, and plan to produce 215,000 cars," - the press service reported citing Choi Dong El, general director of LLC Hyundai Motor Manufacturing Rus.

In 2015, the company produced 229,500 cars, according to the statement.

In 2015, the company exported 14,200 cars. Kazakhstan accounted for 10,300 cars of those exports.

Exports to Egypt and Lebanon reached 2,500 cars.

Earlier it was planned that by the end of 2015 the company will export 18,000 Hyundai cars assembled in Russia (compared to 25,700 in 2014).

Hyundai Motor Manufacturing Rus has been operating in St. Petersburg since September 2010. It produces Hyundai Solaris and Kia Rio models in a ratio of 60/40%, respectively.

In 2016, the plant is expected to launch the production of Hyundai Creta.

The plant operates in three work shifts, the company employs more than 2,200 people.

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