Hyundai resumes production in China after supply hiccup hurts sales

Published Wed, Aug 30, 2017 · 09:50 PM

    Seoul

    HYUNDAI Motor said on Wednesday it had resumed production in China after a supply disruption forced the suspension of operations last week, complicating its efforts to lift sagging sales in the world's biggest car market.

    The production stoppage, although resolved, adds to investor concerns after the South Korean carmaker posted its smallest quarterly profit in five years amid political headwinds linked to diplomatic tensions between Seoul and Beijing.