CORONAVIRUS AFFECTED THE SOUTH KOREAN AUTOMAKERS

Highlights:

• China plays a big role in the global supply chain, it has a huge footprint in the auto industry.
• SsangYong Motor is the first automaker to be affected by the virus.
• The Chinese government has extended the Lunar New Year holiday to another 2 weeks.

Korean automakers- Hyundai Motor, SsangYong Motor, and other automakers are affected by the spread of coronaviru....