Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hyundai Motor announced a temporary suspension of production across all facilities, including its Ulsan Plant, for designated hours from September 3 to September 5, 2025, due to partial strikes related to collective bargaining, expecting partial production disruptions across all vehicle models. The revenue of the affected sector represents KRW 79.06T (45.12% of recent consolidated revenue).
📊 [Key Disclosure Content & Financial Highlights]
1. Suspension of Production Details
- Affected Area: All facilities, including the Ulsan Plant
- Suspended Operations: Automobile manufacturing, maintenance, and sales
- Revenue of Suspended Sector (2024 Separate): KRW 79,060,777,000,000 (Approx. KRW 79.06T)
- Recent Total Revenue (2024 Consolidated): KRW 175,231,153,000,000 (Approx. KRW 175.23T)
- Proportion to Revenue: 45.12%
- Large Scale Corporation: Yes
2. Reason and Schedule for Suspension
- Reason for Suspension: Partial strikes related to collective bargaining
- Impact of Suspension: Partial production disruptions across all vehicle models
- Suspension Dates:
- September 3, 2025 (2 hours each for 1st and 2nd shifts)
- September 4, 2025 (2 hours each for 1st and 2nd shifts)
- September 5, 2025 (4 hours each for 1st and 2nd shifts)
- Expected Date of Resumption: TBD (To be disclosed following settlement of collective bargaining)
- Board Resolution Date (Decision Date): 2025-09-03 (Based on the start date of production suspension due to partial strikes)
3. Additional Details
- The stated dates reflect currently confirmed schedules; additional strikes remain possible until collective bargaining is settled.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Subsequent Disclosures for Production Resumption
Because this disclosure reports the suspension of production across all facilities due to partial strikes related to collective bargaining, it is necessary to check whether a production resumption disclosure is subsequently submitted following the settlement of negotiations. Checking the resumption disclosure is essential to accurately tracking the conclusion of partial strikes and subsequent developments. Relevant details can be verified in upcoming Resumption of Production disclosures or Periodic Reports (Quarterly, Half-Yearly, Annual Reports).
📢 Disclaimer & Source Notice
Source: This content has been structured and newly drafted based on official data submitted to the Financial Supervisory Service’s DART system.
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