Hyundai closes plant in South Korea due to coronavirus

Hyundai closes plant in South Korea due to coronavirus

February 4, 2020 0 By autotimesnews

This is not the first manufacturer to stop production due to an outbreak of a new virus. Automakers shut down plants and send office workers to carry out their duties from home. But Hyundai stopped production due to supply disruptions.

Chinese manufacturers of goods, including automobiles, massively shut down factories due to an outbreak of coronavirus. This leads to disruptions in the supply of components and cars, which forces to stop production in other countries. Another victim of the new virus was Hyundai. She suspended her own plant in South Korea due to a lack of wiring harnesses.

 It should be noted that about 40% of the company’s production capacities are concentrated in South Korea. While the plants are partially stopped. It is known reliably about the release of the flagship SUV Palisade. Hyundai is actively looking for opportunities to resume the supply of components, including considering new partners.

Hyundai was the first company to be affected by a virus outbreak in China, while not in the Middle Kingdom. Manufacturers in the country, including foreign ones, are actively freezing sites. Employees are sent for additional holidays, and business trips to this country are canceled.

Meanwhile, it became known how the new version of the “charged” hatchback Hyundai i20 N will look like. A 270-horsepower engine should be placed under the hood.