Hyundai Motor has confirmed that the conflict in the Middle East is already directly affecting its exports to Europe and North Africa, highlighting the increasing pressure on global logistics chains.
Critical routes affected and delayed deliveries
Exports to these regions, which normally transit through the Middle East, are experiencing significant disruptions due to limitations on maritime routes.
The partial blockade of strategic routes is causing delays in deliveries, increased logistics costs, and operational difficulties for both the manufacturer and its suppliers.
Impact may extend even after the conflict
Hyundai warns that the consequences will not disappear quickly, even if the war ends in the short term.
Kim Dong-jo, vice president of the company's global policy area, emphasized that the reconstruction of supply chains will require time and structural adjustments.
Costs and production under pressure
In addition to logistical difficulties, the increase in transportation and raw material costs is affecting the production and suppliers of the brand.
The company is working together with partners and authorities to minimize the impacts and ensure the continuity of operations.
Logistical Alternatives and Temporary Storage
Hyundai Glovis, the logistics unit of the group, confirmed that some routes in the Middle East are inaccessible, requiring the temporary storage of vehicles in alternative locations until the situation stabilizes.
Among these alternatives are intermediate hubs like Sri Lanka, where various shipments are being held while companies assess new transportation solutions.
Exports and Sales Reflect Impact
Although South Korea recorded strong global export growth in March, sales to the Middle East fell by 49%.
In the case of Hyundai, global sales reached 358,759 units in March, a decline of 2.3% compared to the previous year, with decreases in both the domestic market and international markets.
An Increasingly Complex Global Scenario
The current situation reinforces the vulnerability of global supply chains to geopolitical events, with direct impacts on the automotive industry.
For Hyundai and other manufacturers, the challenge now lies in adapting operations, reducing risks, and ensuring resilience in a context of high uncertainty.