Hyundai Motor worker tested positive for coronavirus
Reportedly hyundai company said shares of the automaker dropped more than 5% after the news, while the wider market was down 2.6%. The closing deals a fresh setback to hyundai Motor, which has gradually resumed production at local plants hit by a Chinese parts shortage in the wake of the virus outbreak. Meanwhile south korea has the most infected people outside china, affecting companies like samsung and Hyundai. South korea on friday reported 256 new cases, bringing the total number of infected to 2,022.
Furthermore a union spokesman confirmed that a worker had tested positive, but he did not have more details. The company said they had also placed colleagues who came in close contact with the infected employee in self-quarantine and taken steps to have them tested for possible infection and the company added that it was disinfecting the factory.
Moreover hyundai operates five car factories in Ulsan, which has an annual production capacity of 1.4 million vehicles, or nearly 30% of Hyundai's global production. hyundai employs 34,000 workers there in the world's biggest car complex. Perhaps the factory that was shut down produces sport utility vehicles such as Palisade, Tucson, Santa Fe and Genesis GV80. Apparently south Korea's top carrier, Korean air Lines Co Ltd, said on friday it would cut the number of flights to the united states in march and it plans to check temperatures of passengers travelling to the united states before boarding and said it would not allow anyone with a temperature higher than 37.5 Celsius to fly.