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Renault Samsung to suspend production at Korean plant
Renault Samsung to suspend production at Korean plant
Last Updated: Sun, Jul 18th, 2021, 10:40:46hrs
Seoul, July 18 (IANS) Renault Samsung Motors will temporarily suspend production at its plant in the southeastern port city of Busan due to shortages of chips for vehicles, the company said on Sunday.
The South Korean unit of Renault SA will close down its plant in Busan, 453 kms southeast of Seoul, on Monday for two days, it said.
It will be the first time that the Renault Samsung plant has been shut down due to chip shortages, though rivals Hyundai Motor, Kia and GM Korea have suspended or decreased their production this year, reports Yonhup news agency.
Renault Samsung to suspend production at Busan plant next week on chip shortages
Posted : 2021-07-18 13:59
Renault Samsung Motors plant in Busan / Yonhap
Renault Samsung Motors will temporarily suspend production at its plant in the southeastern port city of Busan due to shortages of chips for vehicles, the company said Sunday.
The South Korean unit of Renault S.A. will close down its plant in Busan, 453 kilometers southeast of Seoul, on Monday for two days, it said.
It will be the first time that the Renault Samsung plant has been shut down due to chip shortages, though rivals Hyundai Motor, Kia and GM Korea have suspended or decreased their production this year.
Renault Samsung Motors will temporarily suspend production at its plant in the southeastern port city of Busan due to shortages of chips for vehicles, the company said on Sunday. The South Korean unit of Renault SA will close down its plant in Busan, 453 kms southeast of Seoul, on Monday for two days, it said. It will be the first time that the Renault Samsung plant has been shut down due to chip shortages, though rivals Hyundai Motor, Kia and GM Korea have suspended or decreased their production this year, reports Yonhup news agency. The production suspension was attributable to the fallout of prolonged global chip shortages, a company official said.
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