Supply Chain Council of European Union | Scceu.org
News

Hyundai Motor suspends output as coronavirus disrupts supply chain

FILE PHOTO: The logo of Hyundai Motor is pictured at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song/File Photo

SEOUL (Reuters) – Hyundai Motor (005380.KS) plans to gradually suspend its South Korean factories starting on Tuesday, as a virus outbreak in China has disrupted supplies of a vehicle component, Yonhap News Agency said.

Hyundai’s South Korean factories will be fully idled from Feb. 7 to Feb. 10 or Feb. 11, Yonhap added.

A Hyundai Motor union official confirmed the factory suspension, but did not give further details.

Reporting by Hyunjoo Jin and Joyce Lee; Editing by Christian Schmollinger

Related posts

Initiative to break Chinese stranglehold of the global rare earths supply chain is here.

scceu

Global supply chain not ready for Covid-19 vaccines

scceu

Lenovo Posts Record Sales, Warns Supply Chain Issues To Slow Shipments

scceu