Hyundai’s logic is simple: the new owner should comment on the assembly of cars
In response to a request from TASS, Hyundai Motor said that it does not comment on the activities of its former Russian plant.
«Hyundai Motor in December sold its entire stake in Hyundai Motor Manufacturing Russia [company] & ;quot;Art-Finance". We cannot comment on the activities of an organization in respect of which we do not have any legal authority», – the company explained.
And although the company did not comment on anything, it confirmed that the asset sale transaction has been completed.
Recall that various insiders say that «Art-Finance» will resume assembly of Rio, Solaris and Creta from the components remaining at the plant. A possible new logo for these cars has even been shown (the Hyundai logo, for obvious reasons, cannot be used).