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Hyundai Motor has halted production at its vehicle assembly plant in Brazil due to the ongoing global shortage of semiconductors, according to local reports citing a company official.

South Korea’s leading carmaker said it had suspended operations at its Piracicaba plant in Sao Paulo for one week from Monday 5 July, with production scheduled to resume on 12 July.

The company cut production at the plant by a third last month due to the chip shortage and confirmed the facility would continue to operate on a single shift in the foreseeable future.

The plant has a production capacity of 300,000 vehicles per year when operating under a three-shift system.

It produces the HB20 sub-compact car, based on the Accent, and the Creta SUV.

Hyundai production around the globe has been significantly affected by the global shortage of semiconductors in the second quarter, including its facilities in South Korea and the US.

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By GlobalData

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