Business · Companies · 7 hrs ago
KGM says Russian sales will shape any local production plans
South Korean car brand KGM will weigh Russian market conditions before deciding on local production.
The company says sales of its models will be part of that decision.
KGM began official sales in Russia in March 2025.
Its current Russian lineup includes the Tivoli, Korando and Torres crossovers, and the Rexton SUV.
KGM also says it will consider preliminary agreements with partners and its model lineup.
Local production has not been announced; the company says its decision depends on market conditions and sales indicators.
KGM says Russian market conditions and sales will guide any decision to localize car production in Russia.
The South Korean brand also cited preliminary agreements with partners and its model line as factors.
Official KGM sales in Russia began in March 2025.
The brand’s Russian lineup includes Tivoli, Korando and Torres crossovers, and the Rexton SUV.
- Who
- South Korean car brand KGM.
- What
- KGM says it will consider market conditions, sales, partner agreements and its model line when deciding whether to produce cars locally in Russia.
- When
- KGM made the statement on October 14, 2026. Official sales began in March 2025.
- Where
- Russia.
- Why
- The company says the decision will be guided by the situation in the car market and sales indicators for its models.
This story does not have two clearly opposing sides.
Official sales of KGM cars began in Russia.
KGM told TASS that market conditions and sales would inform any decision on local production.
- Sales launch
- March 2025
- Market
- Russia
- Crossovers
- Tivoli, Korando and Torres
- SUV
- Rexton
- Production decision factors
- Market conditions, model sales, preliminary partner agreements and the model line
What people are saying
The company will be guided by the situation on the industry market and sales indicators of brand models on the matter of organizing local production. The same pertain to preliminary agreements with the partners and the model line.