Hyundai Motor is cutting output in South Korea by 25-30%.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


“We decided to reduce production by 25-30% at all of our domestic factories, except two lines for small cars, in the first quarter,” a spokesman told Reuters.


Labour unions had been told of the plans and future output would be matched to demand, he added.


Hyundai makes small cars in India and recently opened a plant in the Czech Republic.


Combined sales of South Korean automakers fell 13% last month though Hyundai’s sales were off only 2.4%.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Korean SUV specialist, Chinese-owned Ssangyong, has filed for bankruptcy protection in Korea.