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Hyundai Motor Ulsan plants’ output hit due to truckers’ strike

by Reuters
June 10, 2022
in Finance
Reading Time: 1 min read
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© Reuters. FILE PHOTO: Hyundai Motor sedans are parked at a transport yard of South Korea’s largest automakers Hyundai Motor Co and affiliate Kia Motors Corp at a port in Pyeongtaek, about 70 km (43 miles) south of Seoul January 22, 2013. REUTERS/Lee Jae-Received

SEOUL/ULSAN (Reuters) -Manufacturing at Hyundai Motor Co’s largest manufacturing facility in South Korea halved on Thursday resulting from part shortages triggered by a truckers’ strike, a union official on the automaker mentioned on Friday.

About 8,100 members, or greater than 36% of the Cargo Truckers Solidarity union within the nation, went on strike for a 3rd day on Thursday to protest the surge in gasoline prices, disrupting manufacturing, slowing exercise at ports and posing new dangers to a strained world provide chain.

On Friday, round 1,000 truckers started a strike in entrance of Hyundai’s manufacturing facility in Ulsan, south of the nation, in keeping with a Reuters witness.

The automaker’s Ulsan vegetation, which had been working at virtually full capability earlier than the strike started this week, operated at about 50-60% of capability on Thursday, the union official mentioned.

Hyundai mentioned there was disruption attributable to the strike however declined to supply particulars of the impression.

“There are some disruptions in our manufacturing as a result of truckers strike, and we hope manufacturing can be normalised as quickly as potential,” a Hyundai Motor’s spokesperson advised Reuters on Friday.



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Tags: dueHitHyundaiMotoroutputplantsstrikeTruckersUlsan
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