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Hyundai and Kia suspend some of their production lines due to SK

rocky
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Hyundai and Kia suspend some of their production lines due to SK Empty Hyundai and Kia suspend some of their production lines due to SK

Post by rocky on Tue 04 Feb 2020, 2:56 am

[size=35][size=35]Hyundai and Kia suspend some of their production lines due to SK[/size]

Economie


2020-02-04 | 03:10
Hyundai and Kia suspend some of their production lines due to SK Doc-P-333481-637163984063621985



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159 views


[size=18]South Korea's largest automaker Hyundai Motor and its sister Kia Motors announced Tuesday that some assembly lines for the two companies in the country have been suspended due to the shortage of some parts of China amid the spread of the new Corona virus.


The South Korean Yonhap news agency quoted a company spokesman in a phone call that [url=https://www.alsumaria.tv/Entity/82990/%D9%87%D9%8A%D9%88%D9%86%D8%AF%D8%A7%D9%8A %D9%85%D9%88%D8%AA%D9%88%D8%B1/ar/]Hyundai Motor Company[/url] stopped assembly lines that produce the Genesis sedan models at its fifth factory located in Ulsan, 414 km southeast of Seoul  , starting From today, Tuesday.







He added, "The company and the workers' union are consulting for the possible suspension of additional production lines in other Ulsan factories, depending on the future developments of the Corona  virus ."

It is reported that [url=https://www.alsumaria.tv/Entity/82990/%D9%87%D9%8A%D9%88%D9%86%D8%AF%D8%A7%D9%8A %D9%85%D9%88%D8%AA%D9%88%D8%B1/ar/]Hyundai Motor[/url] has seven local factories: five in Ulsan, one in Asan and one in Jeonju, and 10 factories abroad: four in China  , and one in the United States, the Czech Republic, Turkey, Russia, and India  And Brazil. And the production capacity of all factories reaches 5.5 million cars.
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Also, " [url=https://www.alsumaria.tv/Entity/82991/%D9%83%D9%8A%D8%A7 %D9%85%D9%88%D8%AA%D9%88%D8%B1%D8%B2/ar/]Kia Motors[/url] " company, of which Hyundai owns 34%, started cutting production at its factories in "Hwasong" and "Kwangju" outside Seoul for the same reasons, according to the trade union.

The company did not provide details about the suspension of assembly lines.


Kia has eight domestic factories: two in Quang Myung, three in Huasong, three in Quang Ju, and seven overseas: three in China  and one in the United States, Slovakia, Mexico, and India  . And its production capacity reaches 3.84 million cars.

It is reported that "Hyundai" and "Kia"

The effects of the spread of the virus may lead to another blow to the two companies that have suffered from low sales in China  - the largest auto market in the world - during the past three years, as sales of auto manufacturers in China  were greatly affected by political tensions between Seoul and Beijing, in the wake of The US developed the THAAD missile defense system was deployed in [url=https://www.alsumaria.tv/Entity/47772/%D9%83%D9%88%D8%B1%D9%8A%D8%A7 %D8%A7%D9%84%D8%AC%D9%86%D9%88%D8%A8%D9%8A%D8%A9/ar/]South Korea[/url] in 2017.

The sales of the two companies in China  also fell by 22% last year, to 909,000 units, compared to a million and 161,000 units in the previous year.

In April of last year, Hyundai closed one of its five factories in China  , and Kia suspended one of its three factories there due to low demand.


https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/333481/%D8%B4%D8%B1%D9%83%D8%AA%D8%A7-%D9%87%D9%8A%D9%88%D9%86%D8%AF%D8%A7%D9%8A-%D9%88%D9%83%D9%8A%D8%A7-%D8%AA%D8%B9%D9%84%D9%82%D8%A7%D9%86-%D8%A8%D8%B9%D8%B6-%D8%AE%D8%B7%D9%88%D8%B7%D9%87%D9%85%D8%A7-%D8%A7%D9%84%D8%A5%D9%86%D8%AA%D8%A7%D8%AC%D9%8A%D8%A9-%D8%A8%D8%B3

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