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Hyundai suspending production in South Korea due to coronavirus

Hyundai suspending production in South Korea due to coronavirus
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Hyundai announced Tuesday that it is suspending production in its South Korea manufacturing plants due to supply chain problems caused by the coronavirus outbreak in China.

The world's fifth-largest automaker said in a statement that the suspension is a result of "disruptions in the supply of parts resulting from the coronavirus outbreak in China."

Hyundai has plants worldwide, but has been hampered by the fact that it gets many of its parts from China. Several plants in China that make the parts that the automaker needs have shut down because of the continued spread of the virus, which has killed more than 400 people, according to the Times.

The auto company told the The Hill via email that it was "reviewing various measures to minimize the disruption of its operations, including seeking alternative suppliers in other regions."

Hyundai sold more than 4 million vehicles last year and, together with affiliated company Kia, produced over 7 million.