Ssangyong Motor Partially Operates Pyeongtaek Plant for Now... "Ongoing Discussions with Partners"
[Asia Economy Reporter Kiho Sung] Ssangyong Motor has partially resumed operations at its Pyeongtaek plant, which had been closed for two days due to parts delivery refusals from its suppliers.
A Ssangyong Motor official stated on the 29th, "The Pyeongtaek plant line is partially operating with adequate inventory," adding, "We are continuing negotiations with the parts suppliers."
Earlier, Ssangyong Motor halted production at the Pyeongtaek plant on the 24th and 28th due to delivery refusals from five suppliers: Hyundai Mobis (headlamps), S&T Heavy Industries (axle assembly), LG Hausys (bumpers), BorgWarner Ochang (T/C assembly), and Continental Automotive (combimeter).
Hot Picks Today
"Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- "Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- Even After the 'Tax,' High Profits Remain... Korea Emerges as a Premium Market [ChwiYakGukga]②
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
Among them, Hyundai Mobis and S&T Heavy Industries agreed to resume parts supply starting today, but the other suppliers have yet to decide on resuming deliveries. Ssangyong Motor plans to continue negotiations with the remaining suppliers and decide on the plant's operation status later this afternoon.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.