Hyundai to suspend Asan plant output over chip shortage

The Asan factory turns out 300,000 vehicles each year, including the Sonata and Grandeur sedans.
By
| Updated on: 09 Apr 2021, 04:40 PM
Hyundai said the suspension was because of the
Hyundai said the suspension was because of the "supply conditions" for semiconductor parts for powertrain control units.

South Korea's Hyundai Motor Co said on Friday it has decided to suspend production for two days starting on Monday at its Asan plant because of a chip shortage.

It said the suspension was because of the "supply conditions" for semiconductor parts for powertrain control units.

"We are closely monitoring the situation to take prompt and necessary measures to optimize production in line with the supply conditions," Hyundai said in a statement.

Trending Cars

Find More Cars

The Asan factory turns out 300,000 vehicles each year, including the Sonata and Grandeur sedans.

Hyundai last week announced it would suspend output at Ulsan, its main South Korean factory, from April 7 to April 14 because of chip and component supply issues.

Underscoring the severity of the global chip shortage crisis, Hyundai has become the latest automaker to halt manufacturing because of the chip shortage.

Hyundai had been able to avoid a hit from the shortage so far largely because it maintained a stockpile of chips unlike its global peers, Reuters reported in February.

First Published Date: 09 Apr 2021, 04:40 PM IST
NEXT ARTICLE BEGINS

Help us with your basic details!

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city