Hyundai Suspends Production At Seven South Korean Plants Due To Coronavirus Fallout

Hyundai Motor said it will suspend production in South Korea, its biggest manufacturing base, becoming the first major automaker to do so outside of China due to disruption in the supply of parts resulting from the coronavirus outbreak.

Hyundai has seven factories in South Korea, catering to the local market and the U.S, Europe, Middle East and other countries. Hyundai's production at home accounts for about 40 percent of its global output.

Read Article

PUGPROUD - 2/4/2020 10:28:41 AM

+1 Boost

Tick tock...Chinese banking methods, local corruption, inefficiencies, etc. have substantially inflated Chinese asset values that could cause major Chinese economic crash if caronavirus continues to stifle trade.

carloslassiter - 2/4/2020 7:21:33 PM

+2 Boost

Have a cough drop and get back to work.