Hyundai Motor Group Eyes Russian Market Re-entry Amid Easing Geopolitical Tensions

Hyundai Chairman Chung visits Oxford Saïd Business School

Hyundai Motor Group Chairman Chung Eui-sun, right, shakes hands with Oxford University Vice-Chancellor Irene Tracey during his visit to the university on March 19. [Photo courtesy of the University of Oxford] Hyundai Motor Group Chairman Chung Eui-sun has visited the University of Oxford following the establishment of a joint research center between the automaker and the prestigious institution. Oxford’s Saïd Business School confirmed on March 1…

Hyundai Motor Group Eyes Russian Market Re-entry Amid Easing Geopolitical Tensions

Hyundai Motor Group is gearing up for a potential re-entry into the Russian market, following its withdrawal in 2023 due to geopolitical tensions arising from the Russia-Ukraine war. This strategic move comes as signs of easing conflict emerge, with proposed ceasefire discussions and potential lifting of sanctions against Russia. The automotive giant has begun recruiting personnel in Russia, indicating a cautious yet optimistic approach to re-es…