Hyundai's China Woes Continue as Plant Shut Again on Vendor Row
- Output halted at Cangzhou plant on delayed payment to supplier
- Hyundai is in talks with vendor to resume parts supply
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Hyundai Motor Co. halted production at a plant in China Tuesday after a supplier stopped delivery of parts for air-intake systems, suspending operations for the second time in three weeks in its biggest market.
The China-based supplier, partly owned by a German company, has refused to deliver the parts since the weekend because of delayed payments from the carmaker’s local venture, a Hyundai spokesman in Seoul said by phone. Beijing Hyundai Motor Co. is in talks with the vendor to resume supplies and there is a possibility that operations at the plant in Cangzhou, Hebei, can restart Wednesday, the spokesman said.