UP

Kia compact vehicles contractor suspends production

Home page Society
12 Punto 14 Punto 16 Punto 18 Punto
Kia compact vehicles contractor suspends production

A South Korean contract manufacturer for Kia Motors’ compact vehicles has suspended production, a company official said on Monday, citing a drop in overseas demand as the coronavirus outbreak has spread across Europe.

Axar.az reports citing foreign media.

Donghee Auto, which produces Kia’s Picanto and Ray models, has suspended production at its plant in Seosan, South Korea, until April 13, the official said.

Of the 195,516 Picanto vehicles produced in South Korea last year 73% were exported, mostly to Europe, Korea Automobile Manufacturers Association data shows.

Hyundai Wia, which produces engines for the Picanto and Ray, also said in a regulatory filing on Monday that it will suspend operations at its plant in Pyeongtaek, South Korea, from April 6 to April 9.

Kia did not reply immediatley to a request for comment.

Date
2020.04.06 / 19:53
Author
Axar.az
See also

UN condemns attack on Azerbaijani embassy in Kyiv

Kazakh delegation visits Azerbaijan for cybersecurity talks

December 2025 to have 9 non-working days

Azerbaijan’s embassy in Kyiv damaged in Russian strike - Video

Weather forecast for November 15

41 families resettled in Aghali village

Bodies of Turkish soldiers killed plane crash in Georgia

Magnetic storm persists on Earth

Rainy weather forecast for the Azerbaijan regions

Systematic use of torture reflected Armenia’s official policy

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla