SEOUL, June 14 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Monday it will suspend its U.S. plant for three weeks due to lack of semiconductors and routine maintenance. Hyundai Motor will halt the Alabama plant for one week from June 14 on a chip shortage and two weeks from [...]
SEOUL, April 15 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., said Thursday it will suspend two of its three plants next week due to a lack of semiconductors parts. GM Korea will halt the No. 1 and No. 2 plants in Incheon, 40 kilometers west of Seoul, from [...]
SEOUL, April 13 (Korea Bizwire) — Hyundai Motor Co. has disclosed that it will temporarily suspend production at its Asan plant in South Chungcheong Province for two days on Monday to Tuesday due to difficulty in procuring automotive chips. Despite the production suspension, however, plant workers will still be paid their full wages, raising some [...]
SEOUL, April 7 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has suspended a domestic plant that produces the IONIQ 5 all-electric model due to a chip shortage. Hyundai said it will halt the operation of the No. 1 plant in Ulsan, 414 kilometers southeast of Seoul, which also produces the Kona subcompact SUV, [...]
SEOUL, March 30 (Korea Bizwire) — Hyundai Motor Co. said Tuesday it will suspend production at a domestic plant that produces the IONIQ 5 all-electric model due to a chip shortage. Hyundai plans to halt the operation of the No. 1 plant in Ulsan, 414 kilometers southeast of Seoul, which also produces the Kona subcompact [...]
SEOUL, March 29 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Monday it is considering suspending production at a domestic plant next month due to a global semiconductor chip shortage. Hyundai Motor mulls halting the operation of the No. 1 plant in Ulsan, 414 kilometers southeast of Seoul, which produces the Kona subcompact SUV [...]
SEOUL, Feb. 16 (Korea Bizwire) — Financially troubled carmaker SsangYong Motor Co. said Tuesday it will extend the suspension of its local plant this week due to a lack of parts from contractors. SsangYong Motor already halted its plant in Pyeongtaek, 70 kilometers south of Seoul, on Dec. 24, Dec. 28, Feb. 3-5 and Feb. [...]
SEOUL, May 27 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-biggest carmaker by sales, said Wednesday it will suspend two domestic plants for several days next month due to lockdowns in major markets. Kia plans to suspend its No. 1 plant in Gwangmyeong, just south of Seoul, from June 1-2 and 8-9 and its [...]
SEOUL, May 7 (Korea Bizwire) — Renault Samsung Motors Corp. said Tuesday it plans to temporarily halt operations at its only plant later this month amid an extended dispute with its labor union over wages. Renault Samsung, the Korean unit of French carmaker Renault S.A., plans to suspend the operation of the Busan plant, 450 [...]
SEOUL, Apr. 29 (Korea Bizwire) — Renault S.A. on Monday temporarily halted operations at its only plant in South Korea amid a drawn-out dispute with its labor union over wages and working hours. Renault Samsung Motors Corp., the Korean unit of the French carmaker, plans to suspend the operation of the Busan plant, 450 kilometers [...]