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Fire Damages Hyundai Plant in China
Hyundai Motor Co. says the paint shop caught fire at one of its two assembly plants in Beijing, China, on Tuesday, disrupting the factory's output, The Wall Street Journal reports.
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Hyundai Motor Co. says the paint shop caught fire at one of its two assembly plants in Beijing, China, on Tuesday, disrupting the factory's output, The Wall Street Journal reports.
Hyundai tells the Journal it will temporarily use the paint shop at its other Beijing plant. The company says it doesn't expect an immediate impact on sales because it has a one-month inventory of vehicles at the affected factory.
The facility, which has annual capacity of 300,000 vehicles, makes the Accent subcompact, Elantra compact, Sonata midsize sedan and Tucson SUV.
Hyundai expects to open its third plant in Beijing this summer, bringing company's capacity in China to 900,000 vehicles per year and eventually to 1 million units.
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