A sit-in strike by contract workers of an onsite seat supplier at the Hyundai Motor Co. Ltd. No.1 Plant in Ulsan enters its 16th day, as production of the all-new Accent remains stalled. A Hyundai spokesman tells Ward’s the strike so far has resulted in a production loss of 18,705 vehicles, valued at 208 billion won ($178 million). The new Accent, which launched sales in early November, has sold just 1,000 units in Korea, and only a limited number of the cars were exported before the ...
Premium Content (PAID Subscription Required)
"Cost of Illegal Hyundai Plant Strike Hits $178 Million" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.