Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalKia Corporation, is South Korea's second largest automobile manufacturer after (its parent company) Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalGlobal 500, is an annual ranking of the top 500 corporations worldwide
Global 500Top 100 largest companies in Russia by revenue
Top 100Global carmakers are feeling the pinch as logistics and supply chain disruptions to the Russian market have become a reality. Kia the latest automaker to mull exiting Russia. Revenue in 2022 from Russian operations has significantly dropped vs 2021. Significantly decreased revenue in 2023 vs 2022 (more than 5.8x! times).