Notices View

Announcement

Work Stoppage

2016.11.30

HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Stock Exchange



Disclosure title         : Work Stoppage


1. Location of Work Stoppage:

- All places of business including Ulsan Manufacturing Plants in Korea


2. Sales revenue of work stoppage business:

             a) Sales revenue of work stoppage impacted: KRW 44,439,694,000,000

             b) Total sales revenue of the company: KRW 91,958,736,000,000

c) Sales revenue portion of work stoppage impacted(c=a/b): 48.33%

      d) Applicability as a large-scale corporation: Yes


3. Areas of work stoppage: Manufacturing, maintenance and sales of cars


4. Reason of work stoppage: Partial stoppage related with metal union’s decision


5. Countermeasures of work stoppage: -


6. Effects of work stoppage: Disruption of production


7. Date (and period) of Work Stoppage:

4 hours from November 30, 2016 (1st Shift and 2nd Shift, 2hours each)


8. Expected date of operation resumption: -


9. Decision Date of Work Stoppage: November 30, 2016



10. Others:

- The Sales revenue of work stoppage impacted in #2 is based on 2015 Total sales revenue (HMC Only) / Total sales revenue of the company is based on 2015 consolidated revenue.

- The date and period of work stoppage in #7 is only for determined schedule.

- The above contents may be subject to change depending on the Hyundai Motor Company’s internal situation.