GM Daewoo Auto & Technology will extend the suspension of production at some of its plants further into January as an effort to control inventory levels.
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The South Korean unit of General Motors had hoped to resume production at its Bupyeong No 2 plant and two assembly lines of the Changwon plant on 5 January.
But local press reports quoted company officials today saying that the company would extend the suspension at Bupyeong No 2 to 9 January and the two Changwon lines to 23 January.
However, the official noted that production of the Matiz at Changwon would resume on 5 January. The company’s Bupyong No 1 plant and the Gunsan plant will also resume operations that day as planned.
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By GlobalData
