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Hyundai Motor to Take $219 Million Hit on Sale of Russian Plant 

Hyundai Motor to Take $219 Million Hit on Sale of Russian Plant 

Voice of America
Tuesday, December 19, 2023 01:24:40 PM UTC

FILE - The logo of Hyundai Motor Company is pictured at the New York International Auto Show, in Manhattan, New York City, Apr. 13, 2022.

South Korea's Hyundai Motor plans to sell its plant in Russia for a nominal $77.67, a company official said on Tuesday, making it the latest global automaker to sell Russian assets since the outbreak of the war in Ukraine.

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