This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPED0P0AG_M.jpg
SEOUL (Reuters) – Kia Motors (KS:) is suspending production at its three car plants in South Korea due to a shortage of auto parts, a company official said on Monday.
Production at its Gwangju and Sohari factories will be suspended on Monday and Tuesday, the official said, adding the company will monitor the availability of auto parts in order to determine whether to resume production after that.
Kia’s Hwaseong factory halted output on Monday and is expected to resume production on Tuesday, he added.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.