Seoul: The South Korean carmaker are compelled to cut output due to shortage of parts from Japan.The South Korean unit of French automaker Renault said it would cut output by about 20 percent next month due to a shortage of parts from quake-hit Japan.
Renault Samsung Motors had earlier suspended overtime after the devastating March 11 earthquake and tsunami halted operations of its Japanese suppliers.
“Following the temporary halt of extra work from March 18, the company plans to reduce its vehicle output by about 20 percent for one month from the start of April,” Renault Samsung said in a statement.
“The output will be re-adjusted depending on the resumption of deliveries of parts.”
The company has a strategic alliance with Japan’s Nissan Motor.
Renault Samsung did not give a figure for lost production. Last year it produced 275,267 vehicles at its Busan plant, which has an annual capacity of 300,000.
Other South Korean manufacturers have not so far reported major problems with disrupted Japanese supply lines.
Dear TNT Reader,
At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.
Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.
But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.
Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.
Donate Monthly Subscription Annual Subscription