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Analysts suggest Kia and Hyundai may lead potential return to Russian automotive market
Vedomosti·RU · KR·1 day ago
The Russian automotive brand Volga has announced plans to establish domestic production of two-liter gasoline engines and eight-speed automatic transmissions at its Nizhny Novgorod facility. This move represents an effort to reduce reliance on imported automotive components amid ongoing international sanctions. The feasibility of achieving full localization by the 2028 target remains uncertain given current technological constraints.
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