Still not delivering to foreign partners
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Ssangyong Motor’s factory operation has been disrupted since the beginning of this year due to the refusal to supply parts from foreign partners. It is reported that all of the employees are on the way to work, but the assembly of the finished vehicle is not 100% completed due to lack of some parts.
4 days Ssangyong Motor (003620)Said that the factory is operating normally. Earlier, Ssangyong Motor stopped operating the plant on the 24th and 28th of last month, as some suppliers refused to supply parts. Since then, major domestic parts makers have resumed supply and have been partially operating their factories. However, it is said that production of some vehicles is difficult as foreign partners still request cash payments and do not supply parts.
Ssangyong Motors explained that it is in discussions with foreign partners to resume delivery. Foreign partners, Borg Warner Oh Chang (T/C Assembly) and Continental Automotive (Combi Meter), are also in discussions with Ssangyong Motors, but have not yet decided to resume delivery. An official who is bright with Ssangyong Motor’s internal situation explained, “The employees are on the way to work in order not to stop the operation of the factory, but it is the level of turning the line without some parts being assembled.” He added, “In the case of foreign partners, the company decides whether to deliver the product according to the headquarters system,” he added. “The system is blocked from supplying to companies that have applied for corporate rehabilitation procedures like Ssangyong Motors. .
/ Reporter Seo Jong-gap [email protected]
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