Severstal-Avto reportedly said it invested US$70 million in the assembly project, which included buying and modernising a plant and sending staff to South Korea for training.
The news agency said the Rexton would be sold with both petrol and diesel engines in Russia at retail prices ranginf between US$30,900 and $40,990.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
