[Hyundai Motor responds to "selling factories in Russia, withdrawing from Russian Business": various plans are under review and has not yet been decided] according to South Korea's MBC TV, Hyundai Motor is close to selling its two factories in Russia to a Kazakh company, and the process is in the final stages, waiting for approval from the Russian government. Hyundai suspended operations in Russia last year. In March, the carmaker said it was reviewing "options" for its Russian operations. In a statement to media outlets such as Reuters and Bloomberg on Thursday local time, Hyundai said it was reviewing plans for its Russian business prospects and had not yet made a decision.