Business

Hyundai halts production at Brazil plant over chip shortage

South Korean carmaker says operations will resume partially on July 12

Updated 5 years ago · Published on 06 Jul 2021 7:00PM

Hyundai halts production at Brazil plant over chip shortage
Hyundai Motor Co is South Korea’s biggest automaker by sales. – Pixabay pic, July 6, 2021

SEOUL – Hyundai Motor Co, South Korea’s biggest carmaker by sales, today said it has suspended operations at its Brazil plant due to a lack of semiconductors.

The company said works at its factory in Piracicaba, Sao Paulo, are halted from yesterday to Sunday, the Yonhap news agency quoted a company spokesman as saying.

“Starting July 12, the plant will partially resume operations.”

Hyundai said it is planning to continue production at its Brazil facility with one shift.

The global chip shortage forced the factory, which usually produces 300,000 vehicles in a three-shift system, to reduce output by a third late last month.

The company has seven domestic plants – five in Ulsan, and one each in Asan and Jeonju – and 10 overseas.

The facilities abroad comprise four in China, and one each in the United States, the Czech Republic, Turkey, Russia, India and Brazil.

They have a combined capacity of 5.5 million cars. – Bernama, July 6, 2021

Related News

Malaysia / 11mth

Penang CM: Trade uncertainty to continue following Trump's ‘100% chip tariffs’ 

Malaysia / 2y

Thailand's raw sugar export restriction won’t affect affect supply in M’sia: minister

World / 2y

Bigger BRICS ‘stronger, more important’ says Brazil’s Lula

Fashion / 2y

Plus-size movement reshapes fashion in Brazil

Places / 3y

In Brazil, stargazers escape cities in search of ‘astro-tourism’

World / 3y

Brazil court bars ex-president Bolsonaro from re-election until 2030

Spotlight

Malaysia

Anwar, Zahid project unity at Putrajaya amid PH-BN differences during state polls

By Alfian Z.M. Tahir

Malaysia

Police looking for two robbery suspects who kicked elderly woman (video)

Malaysia

Malaysia will not bow to US congressional pressure over Israeli nationals’ issue - Loke (UPDATED)

Malaysia

Deaf e-hailing driver sues government, police over alleged assault, seeks disability access reforms

By Alfian Z.M. Tahir

Malaysia

Johor appoints 10 deputy exco to strengthen administration

Malaysia

Suspended police corporal charged with sexual assault of 11-year-old daughter

Malaysia

Magnitude 5.7 earthquake off northern Sumatra felt across west coast of Peninsular Malaysia

World

Trump approves potential US-Saudi nuclear deal allowing uranium enrichment capability

Malaysia

Network School moves to Kazakhstan

You may be interested

Business

Malaysia - Hong Kong sign landmark pact to boost cross-border fund listings and dual IPOs

Business

Global oil supplies face fresh risks as crude prices near US$85 amid Middle East escalation

Business

Govt boosts SME digitalisation support with new smart manufacturing co-investment scheme

Business

Central bank policies remain crucial in shaping currency market movements

By Alfian Z.M. Tahir

Business

Oil prices soar to six-week high as Red Sea tanker attacks and Hormuz crisis stoke supply fears