Russian firm uses South Korean parts for Putin's gifted car to Kim Jong-un

    WORLD  29 June 2024 - 09:05

    During a recent visit, Russian President Vladimir Putin and North Korean leader Kim Jong-un showcased their strengthened alliance by driving around in a Russian-made Aurus limousine.

    This luxury car was intended to symbolize Russia's self-reliance and reduced dependency on foreign technology. However, customs records reveal that the manufacturer of the Aurus relies heavily on imported parts, particularly from South Korea, which Kim has labeled a major adversary, Caliber.Az reports per foreign media.

    From 2018 to 2023, Russia imported at least $34 million worth of components for assembling Aurus vehicles, including nearly $15.5 million from South Korea. Even after Russia's invasion of Ukraine, imports continued, with almost $16 million worth of goods arriving, including $5 million from South Korea.

    These imports highlight Russia's ongoing dependence on Western technology, despite efforts to isolate it from global supply chains as a response to its actions in Ukraine.

    The Aurus sedan, developed by Russian state-owned institute NAMI in partnership with carmaker Sollers, is assembled using parts from various countries, including China, India, Türkiye, Italy, and other EU nations.

    The company launched official production in 2021 and will expand to a former Toyota factory in St. Petersburg. The exodus of foreign carmakers from Russia has left a gap quickly filled by Chinese manufacturers. South Korean companies, among others, continue to supply parts to Aurus.

    Despite sanctions, Aurus Motors has maintained its operations, and its CEO has not commented on the use of foreign parts. The Aurus Senat, Russia's official presidential car, has been gifted to Kim twice. Prices for Aurus cars start at over $528,000, with notable customers including the President of Turkmenistan. In 2023, Aurus sold 107 cars in Russia.

    Caliber.Az

    Subscribe to our Telegram channel


Read also

Israeli army strikes Hezbollah military facilities in southern Lebanon

01 July 2024 - 11:28

NATO’s outgoing chief: China poses challenge to West

01 July 2024 - 11:42

Slovak minister: PM Fico to return to work soon

01 July 2024 - 11:57

NATO deploys early warning aircraft to monitor Ukrainian airspace

01 July 2024 - 11:01

Japan's H3 rocket successfully launches advanced land observing Satellite-4

01 July 2024 - 10:36

Israeli artillery strikes Rafah, outskirts of Gaza City

01 July 2024 - 10:11
ADVERTS
Video
Latest news

    Armenian PM opposes EU membership referendum

    Cites strong European aspirations among Armenians

    01 July 2024 - 12:49

    A golden opportunity for lasting peace in the South Caucasus

    Article by Arab News

    01 July 2024 - 12:35

    Armenian Forum for Democracy launched in Yerevan

    01 July 2024 - 12:21

    Armenia counteracts renewable energy technologies

    Metsamor nuclear power plant still operates

    01 July 2024 - 12:07

    Slovak minister: PM Fico to return to work soon

    01 July 2024 - 11:57

    NATO’s outgoing chief: China poses challenge to West

    01 July 2024 - 11:42

    Israeli army strikes Hezbollah military facilities in southern Lebanon

    01 July 2024 - 11:28

    Azerbaijan to participate in North-South Transport Forum in Kazakhstan

    01 July 2024 - 11:14

    NATO deploys early warning aircraft to monitor Ukrainian airspace

    01 July 2024 - 11:01

    Russian Defence Ministry reports repulsion of massive Ukrainian drone attack

    01 July 2024 - 10:49

    Japan's H3 rocket successfully launches advanced land observing Satellite-4

    01 July 2024 - 10:36

    Saudi Arabia's Aramco secures over $25 billion in deals

    01 July 2024 - 10:23

    Israeli artillery strikes Rafah, outskirts of Gaza City

    01 July 2024 - 10:11

    President Tokayev: Kazakhstan enhances framework to strengthen ties with China

    01 July 2024 - 09:58

    National Rally leads in first round of French parliamentary elections

    01 July 2024 - 09:45

    Azerbaijan Airlines announces regular flights to Karabakh

    Maintains ticket prices to Nakhchivan

    01 July 2024 - 09:20

    Azerbaijani freestyle wrestlers triumph at European U-17 championship

    01 July 2024 - 09:09

    Nike stock dives following unexpected sales forecast decline

    01 July 2024 - 09:00

    Exploring answers from psychology to air traffic

    Are we closer to UFOs than ever?

    01 July 2024 - 08:01

    Germans embrace British-themed hotel experience

    01 July 2024 - 06:02

    Climate crisis spurs surge in wonky vegetables in Netherlands

    01 July 2024 - 04:03

    World's first hydrogen-hybrid research vessel reduces emissions by 75%

    01 July 2024 - 02:04

    India moves closer to S-400 production and service

    01 July 2024 - 00:04

    Iranian security forces thwart terrorist plots ahead of presidential election

    30 June 2024 - 23:59

    Italy finalises deal for last submarine in U-212 NFS series

    30 June 2024 - 22:03

    China unveils colossal hydroelectric power plant at 3,000 metres altitude

    11 billion kWh and as big as Eiffel Tower

    30 June 2024 - 20:03

    Media: NATO, EU fear Biden's withdrawal from presidential race

    30 June 2024 - 18:25

    Israeli Finance Ministry extends cooperation with Palestinian banks

    30 June 2024 - 18:14

    Bomb blasts in Nigeria's Borno state claim 18 lives

    30 June 2024 - 18:00

    North Korea warns about severe consequences due to “Asian NATO”

    30 June 2024 - 17:44

    Azerbaijan, Croatia discuss cooperation, demining efforts

    PHOTO

    30 June 2024 - 17:30

    NATO raises concerns over Russian underwater operations in North Sea

    30 June 2024 - 17:16

    Türkiye boosts gas production in Black Sea

    30 June 2024 - 16:57

    Iran condemns Western involvement in chemical warfare

    30 June 2024 - 16:40

    Azerbaijan, Armenia in focus: Rebuilding, delimitation, US interest in peace treaty

    Weekly review

    30 June 2024 - 16:19

    Hungary's Orbán unveils "Patriots for Europe" alliance with Austrian, Czech far-right parties

    30 June 2024 - 16:02

    Israel issues stern warning to Iran, Hezbollah amid escalating tensions

    30 June 2024 - 15:46

    Chinese president to embark on diplomatic tour to Central Asia

    30 June 2024 - 15:29

    French election: Observer gets into fight with polling station chairman

    30 June 2024 - 15:12

    Five Indian Army soldiers die in river-crossing exercise

    30 June 2024 - 14:54

All news