Hyundai will idle plants in South Korea due to coronavirus

Discussion in 'General' started by ericy, Feb 5, 2020.

  1. ericy

    ericy Active Member

    https://www.nytimes.com/2020/02/04/business/hyundai-south-korea-coronavirus.html

    The coronavirus is providing a lesson in how much the world’s car factories revolve around China.

    Hyundai, the world’s fifth-largest automaker, said Tuesday that it was temporarily stopping production lines at its factories in South Korea because of shortages of Chinese parts.

    The Hyundai shutdowns — the first factory lines to be idled outside China — could portend much more serious disruptions in the complex networks that supply automakers with essential components and materials.​

    This isn't EV specific, of course, and it hints at similar issues for other automakers.
     
  2. Tesla is in the same situation:
    https://www.theverge.com/2020/1/29/21114377/tesla-coronavirus-delay-production-factory-china
    I suspect most China manufactured products will see delays as well.
     
  3. Harvey

    Harvey Member

    something like this will stop many just in time production lines. many carry a few pieces made in china
    with the new year holiday there may have been stockpiling for maybe a week, but that excess is running out.
    and 3000 flights a day cancelled is pummeling oil prices too.
    drops another $40 it might compete with electric.
     
  4. henryhartmann

    henryhartmann New Member

  5. ericy

    ericy Active Member

    henryhartmann likes this.
  6. And hopefully all the coal roller pick-ups on the road.
     
    henryhartmann likes this.

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