CHIP SHORTAGE LEADS HYUNDAI & KIA TO SUSPEND FEW ASSEMBLY LINES

Highlights –

• Chip shortage leads Hyundai & KIA to suspend few assembly lines.
• Hyundai Motor said that it will halt the No. 5 Ulsan plant that produces Tuscon and Nexo.
• KIA will suspend the No. 2 Sohari plant that makes Stonic.
• The extended chip shortage may have an impact on the carmakers' second-quarter bottom line.

On Friday, South Korea&rsquo....