Renault Samsung Motors said it plans to suspend operations at its only vehicle assembly plant in South Korea for four days in December due to weak demand. 

The Renault subsidiary has had to cut back production this year due to a lack of exports.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Its global sales declined by 32% to 99,077 units in the first 10 months of 2020, with exports plunging by almost 76% to 18,158 units following the discontinuation of export orders for the Nissan Rogue SUV.

Domestic sales were up by 17% at 80,722 units in the same period.

A spokesperson said "until the company begins manufacturing the XM3 model for export to Europe, our daytime operations will be mostly focused on production for the domestic market". 

Production at the assembly plant in the southern city of Busan will be halted on 11, 23, 24 and 31 December to help control inventory.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Neonode has won the Innovation Award for Driver Monitoring Software for its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.

Discover the Impact