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Hyundai Motor Ulsan plants' output hit due to truckers' strike - company union

SEOUL/ULSAN (Reuters) -Production at Hyundai Motor Co's biggest factory in South Korea halved on Thursday due to component shortages triggered by a truckers' strike, a union...
Hyundai Motor Ulsan plants' output hit due to truckers' strike - company union © Reuters. FILE PHOTO: Hyundai Motor sedans are parked at a shipping yard of South Korea's biggest automakers Hyundai Motor Co and affiliate Kia Motors Corp at a port in Pyeongtaek, about 70 km (43 miles) south of Seoul January 22, 2013. REUTERS/Lee Jae-Won

SEOUL/ULSAN (Reuters) -Production at Hyundai Motor Co's biggest factory in South Korea halved on Thursday due to component shortages triggered by a truckers' strike, a union official at the automaker said on Friday.

About 8,100 members, or more than 36% of the Cargo Truckers Solidarity union in the country, went on strike for a third day on Thursday to protest the surge in fuel costs, disrupting production, slowing activity at ports and posing new risks to a strained global supply chain.

On Friday, around 1,000 truckers began a strike in front of Hyundai's factory in Ulsan, south of the country, according to a Reuters witness.

The automaker's Ulsan plants, which had been running at almost full capacity before the strike began this week, operated at about 50-60% of capacity on Thursday, the union official said.

Hyundai said there was disruption caused by the strike but declined to provide details of the impact.

"There are some disruptions in our production due to the truckers strike, and we hope production would be normalised as soon as possible," a Hyundai Motor's spokesperson told Reuters on Friday.

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31-03-2024 10:19:50 (UTC+7)

EUR/USD

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EUR/USD

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 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
 EUR/CHF0.9738↑ Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,910/ 8,080
(7,910/ 8,080) # 1,364
SJC HCM7,830/ 8,080
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Cập nhật 31-03-2024 10:19:52
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RON 95-V24.69025.180
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Cập nhật lúc 10:12:31 31/03/2024
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