Automakers

Hyundai lays off staff after idling Russian plant since March

Hyundai Solaris production Russia
The Solaris sedan is among the models Hyundai builds in Russia.
R
By:
Reuters
December 20, 2022 08:42 AM

MOSCOW -- Hyundai, formerly one of Russia's biggest carmakers, has begun laying off workers at its St Petersburg factory, which has stood idle since March, largely due to the effects of Western sanctions following Russia's invasion of Ukraine.

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