South Korean carmakers Hyundai and Kia will leave Russia completely at the end of the year. The Mash Telegram channel writes about this. According to the resource, car dealers are selling their remaining cars at inflated prices.

Hyundai and Kia will leave Russia completely by the end of the year – Mash

According to brand representatives, there are almost no cars left in stores. Salons, Mash says, are reorienting themselves toward Chinese suppliers. Cars from Chinese manufacturers are less in demand due to high prices. Employees do not want to work with Chinese products and resign en masse.

According to Mash, in some Kia showrooms in Moscow there are only two models available: Cerato and K5, the cost of which is 3 million rubles and 3.5 million rubles, respectively.

As for Hyundai, the popular Sonata, Solaris and Elantra models can no longer be found in showrooms, says Mash. Currently there are only a few jeeps available that are sold at inflated prices.

At the same time, Chinese cars are actively being imported into showrooms and signs have been changed to Baic. According to the Telegram channel, after this the rooms were empty. Owners say they will be able to continue servicing Korean cars, but the cost of support will increase by at least 20%.

Employees of showrooms that previously sold Korean cars do not want to work with Chinese cars due to low demand and prices that do not satisfy buyers.

“Even Chinese representatives drive Volvos,” they point out.

Previously, the Russian company AvtoVAZ announced an increase in sales of Lada brand cars by 96% since the beginning of the year.

Author:

Natalia Gormaleva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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