Update on Mobis supplier fire: Chennai Plant 1 to normalise by June 22
HYUNDAI · price
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Hyundai Motor India gave an update on the June 1 fire at supplier Mobis India. Chennai Plant 1 faces temporary production disruption, while Pune plant and Chennai Plant 2 remain mostly unaffected. Chennai Plant 1 is expected to regain normal production pace by June 15, 2026, with full normalisation by June 22, 2026. Any lost production is likely to be recovered within the next quarter. Adequate inventory means no noteworthy impact on June 2026 retail sales.
Short-term production hiccup at one plant, but recovery expected within weeks. Inventory buffer protects June sales. Limited long-term impact on shareholders.