▲ Members of Cargo Truckers Solidarity stage a strike for basic wages amid soaring diesel prices in front of a gate of Hyundai Motor's Ulsan plant, about 410 kilometers southeast of Seoul, on June 8, 2022. (Yonhap)

Hyundai Motor-cargo truckers' strike

Hyundai Motor suffers output losses from cargo truckers' strike

SEOUL, June 9 (Yonhap) -- Hyundai Motor Co. said Thursday the ongoing truckers' strike is affecting production at its main domestic plants, which are already suffering from a global chip shortage.

About 6,500 out of 22,000 members of the Cargo Truckers Solidarity began a general strike on Tuesday, demanding the government extend a freight rate system meant to guarantee their basic wages amid soaring diesel prices.

Striking cargo truckers refused to deliver automotive parts to Hyundai's five plants in Ulsan from 2 p.m. Wednesday, causing a disruption of vehicle output due to a lack of auto components.

Hyundai produces about 6,000 units of 17 kinds of vehicles a day at its five plants in Ulsan, an industrial city located about 410 kilometers southeast of Seoul. The models include the Genesis GV80 SUV and the Hyundai IONIQ 5 all-electric model.

The company didn't provide the number of production losses caused by the truckers' walkout.

Hyundai has seven domestic plants in South Korea and 11 overseas plants -- four in China and one each in the U.S., the Czech Republic, Turkey, Russia, India, Brazil and Indonesia. Their combined capacity reaches 5.65 million vehicles.

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