Hyundai Motor Co. Ltd. has cut production at all seven plants in South Korea an average 13.4%, with weekend shifts and daily overtime eliminated at most of the facilities. “Combined production for all seven of our plants is about 150,000 units monthly on average,” a spokeswoman tells Ward’s. “These new actions reduce output by about 20,000 units monthly. “This is a production adjustment, and there is no specific date for how long it will be in effect. All personnel are still employed, ...
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