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South Korea's Hyundai resumes production at 2 domestic plants

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South Korea's Hyundai resumes production at 2 domestic plants

South Korean carmaker Hyundai Motor Co. on Feb. 14 said it reopened its local plants in Ulsan and Asan a week after the carmaker stopped manufacturing cars resulting from parts shortages caused by the disruptive effect of the coronavirus outbreak on suppliers in China.

Hyundai did not mention a reopening date for its Jeonju plant but said operations will resume once parts arrive.

On Feb. 4, company spokesmen confirmed the closures at Hyundai and its sister company Kia Motors Corp. The carmakers were forced to stop domestic production in selected sites as their suppliers from China, Kyungshin Corp. and YURA Corp., had to close their factories in line with government mandates.

Other carmakers are bracing for decreased sales, production losses and delivery delays due to the outbreak. Nissan Motor Co. Ltd. will suspend production at one Japan factory from Feb. 14, while Tesla Inc. was forced to delay deliveries in China.