South Korea's Hyundai Motor Co., Ltd. recently stated that because the companyâ€™s engine inventory can only be maintained until May 24th, there is a shortage of parts required for the production of some sedan and SUV (prefecture) models, so Hyundai and Kia are all but small cars. The production of models will be interrupted.
The important engine parts of Hyundai Motor and Kia Motors have been provided by the auto parts supplier Yoosung Enterprise. Due to the supplier's plunging into a large-scale quagmire, the supply of parts for various models will be insufficient.
Hyundai Kia Motors's popular models include Sonata (Detailed Picture Quote), Santa Fe (Detail Picture Quote) SUV, Kia K5 (Detail Picture Quote) Sedan and Zhi Run (Detail Picture Quote) SUV's piston rings are 70% from Yoosung Enterprise . In addition, the company also supplies parts for General Motors Korea, Renault Motors, and Ssangyong Motors.
However, the Yoosung Enterprise subsidiary plant started a large-scale worker strike from May 18th. The workers expressed dissatisfaction with the new compensation agreement and shift system and occupied the production line. The factory had to be forced to stop production, which would lead to the production of modern Kia. Interrupted.
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