Renault Samsung to suspend plant for 11 days on virus impact

  • Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Monday it will suspend its sole plant for 11 days, as the coronavirus outbreak has affected production and sales.
  • The carmaker stopped the Busan plant for four days in February due to lack of parts from its Chinese suppliers as the COVID-19 outbreak hit supply chains.
  • This month, the company’s 1,700-member union voted to accept a wage freeze and cash bonuses of 8.88 million won (US$7,320) per person for 2019.

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