Hyundai Mobis factory in Hungary [HYUNDAI MOBIS]
Hyundai Mobis, Hyundai Motor's auto parts affiliate, said Monday that a fire broke out at its parts plant in India, raising concerns about potential disruptions to supplies for Hyundai Motor and Kia manufacturing facilities in the country.
The fire occurred Sunday afternoon at its Chennai plant in southeastern India, destroying one of the facility's buildings that produces automotive electronic components, such as audio systems and chassis safety parts. No casualties were reported.
Related Article
In a regulatory filing, Hyundai Motor's Indian subsidiary said the affected facility supplies automotive audio systems and other components, and that the fire will only cause temporary issues in vehicle production.
