AutoBeta(AutoBeta.net)02/07 Report--

Affected by the pneumonia epidemic infected by novel coronavirus, the supply of auto parts in China has been disrupted. Hyundai Motor Group also announced that it had extended the shutdown period of its factories in China after BMW and Toyota announced. A spokesman for Hyundai Motor Group said on Friday that Hyundai and Kia plan to postpone the resumption of production at their Chinese plants until they resume production on Feb. 17, Reuters reported.

Previously, most of Hyundai's factories in South Korea have suspended production on the 7th, and Kia has also suspended production since the 10th, as parts produced by Chinese suppliers have been suspended, of which 87% of South Korea's imported car wiring harnesses are made in China. Therefore, when South Korean car companies restart production depends on the resumption time and supply plans of China's car wiring harness factories.

Hyundai said it would provide services such as workshop disinfection, installation of thermal cameras, thermometers and cleaners for South Korean parts suppliers' wiring harness factories in China, and hopes to start work as soon as possible. South Korean factories are expected to reopen on February 11 or February 12.

With the expansion of the impact of COVID-19 's epidemic, parts shortage has become a common phenomenon in the automobile industry, and more and more automobile manufacturers will stop production due to supply chain problems.

Hyundai Motor Group's 2019 sales report shows that its cumulative global sales reached 7.19 million new cars, down 3% from last year and falling short of its annual sales target of 7.6 million units. In the Chinese market, Beijing Hyundai sold 716000 vehicles in 2019 and Dongfeng Yueda Kia sold 290000 vehicles.

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