Hyundai Motor Co said its China plant halted operation due to a supply disruption on Tuesday, its second shutdown in China in less than a month as diplomatic tensions between China and South Korea over a US missile defence system took toll on its business.
One of the five China plants operated by its joint venture Beijing Hyundai Motor Co stopped churning out cars earlier in the day as a German supplier stopped deliveries of air intake systems when Hyundai delayed payments, Hyundai Motor’s spokesperson Cha Seon-jin said by phone.
The company is in talks with the supplier to resume operations as soon as possible, Cha said.
Last month, Hyundai’s entire China production stopped for a week when it couldn’t pay a supplier.
[“source=hindustantimes”]
