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Business News/ Companies / Hyundai suffers losses of 1,800 units due to strike
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Hyundai suffers losses of 1,800 units due to strike

Hyundai suffers losses of 1,800 units due to strike

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New Delhi: The country’s second-largest carmaker, Hyundai Motor India, on Wednesday said that it has suffered production loss to the tune of 1,800 units due the five-day strike at its facility near Chennai and plans to recover the losses by working extra on the coming weekend.

“While Plant II functioned normally during the strike, production was affected in Plant I. We had a loss of around 1,800 units due to the strike," Hyundai Motor India managing director and CEO Heung Soo Lheem said.

The company is planning to keep the Plant I working on the coming Sunday to recover the loss, he added.

He said the company has a daily total production capacity of 2,000 units from the two plants, with Plant I accounting for 1,000 units.

“While Plant I operates in three shifts, the second plant has two shifts," Lheem said.

Meanwhile, a senior Hyundai Motor India official said that production loss due to the strike has been of 3,000 units and among the affected models are Santro, Accent, Getz and i20.

“Our initial production target for July was 45,000 units. Now it will be down to around 42,000 units, although we hope to recover the numbers soon," the official said, adding that the delivery of vehicles will not be affected.

A section of workers of Hyundai Motor at the Irungattukottai plant called off their strike on Tuesday after a wage settlement agreement was signed between the employees and the management.

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Published: 29 Jul 2009, 05:57 PM IST
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