Renault Samsung Likely to Halt Busan Plant Operations from 25th Due to Internal Construction

[Asia Economy Reporter Kiho Sung] Renault Samsung Motors is reportedly set to halt operations at its Busan plant from the 25th of this month until mid-next month at the latest.

According to the Renault Samsung Motors labor union on the 17th, the company is expected to enter a shutdown period until mid-next month by adjusting schedules around the Chuseok holiday, additional leave, and flexible leave.

The reason for the shutdown is reportedly to carry out factory construction work utilizing the Chuseok holiday. Additionally, considering the overall impact on the domestic automobile market due to the recent resurgence of COVID-19, the company appears to be using this opportunity to adjust production volumes.

A Renault Samsung Motors official stated, "The schedule has not been finalized yet. It is currently under discussion," adding, "Even if the Busan plant is non-operational until mid-next month, taking into account the Chuseok holiday, additional leave, flexible leave, and weekends, the actual number of shutdown days will be about 3 to 4 days."

However, if the shutdown proceeds, it is expected to affect the ongoing wage and collective bargaining negotiations between labor and management. The Renault Samsung Motors labor and management teams concluded their 6th round of practical negotiations on the same day, but no significant progress was reported.

This content was produced with the assistance of AI translation services.