Hyundai Wia, Production Halted at Pyeongtaek Plant

[Asia Economy Reporter Jang Hyowon] Hyundai Wia announced on the 6th that it will halt production at its Pyeongtaek plant, which manufactures automotive engine parts.

The sales amount for the production halt sector is 1,596.5 billion KRW, accounting for 21.83% of last year's total sales. The reason for the production halt is the suspension and reduced operation by customers such as Donghee Auto. The scheduled date for resuming production is the 10th.