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  • Renault Samsung Mulls Busan Plant Suspension Amid Weak Demand

Workers inspect vehicles on the QM6 assembly line at the Renault Samsung plant in Busan.
Workers inspect vehicles on the QM6 assembly line at the Renault Samsung plant in Busan.
Renault Samsung Motors is considering suspending its only plant in South Korea for several days next month on lower demand amid the COVID-19 pandemic.

A company spokesman said on Thursday that in a bid to control inventories amid weak sales, they may halt operations of the plant in Busan for three to four days after the Chuseok holiday, which starts on September 30 and lasts through October 5.

The automaker and its labor union are also in wage and collective agreement talks for the year of 2020.

From January to August, Renault Samsung's sales dropped 27 percent to 84,158 vehicles from 114,705 units in the previous year.

The company's current passenger car lineup includes the all-electric SM3 Z.E. sedan, the SM6 sedan, the XM3 SUV and the QM6 SUV.

<Photo: Yonhap News>
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