Hyundai Motor sales in February fell 13% amid the outbreak of coronavirus
South Korean car manufacturer Hyundai Motor said Monday that its sales fell 13% year on year to 275 044 vehicles worldwide in February because of the outbreak of coronavirus, resulting in a ceased supply of parts from China.
Hyundai, which with its subsidiary company Kia Motors is a global automaker No. 5, is the first major player, announced the sales in February in the context of the epidemic, which gives investors a sense of the potential impact of the virus on the wider industry.
on Friday, Hyundai closed the plant in South Korea after one of the employees gave a positive result for the virus that affected the production of popular models such as the SUV Palisade. In ponedeljnik the plant was restarted, said the representative of the company.
flu Virus, first recorded in China, killed almost 3,000 people worldwide and influenced world financial markets. South Korea currently has the most cases of new infections outside of the PRC.