"Eyes on the Horizon: Hyundai Embarks on Major Overhaul to Reduce Reliance on Overseas Supply Chain. In a bid to streamline its operations and mitigate the risks associated with global supply chain disruptions, Hyundai is exploring a significant shift in its strategy. The South Korean automaker is looking to source more components locally in Europe, rather than relying on imports from its home country. This move would require Hyundai to navigate the complex logistics of the Strait of Gibraltar, one of the world's busiest shipping lanes, to transport components from Asia to Europe, and could have significant implications for the company's supply chain and production costs."
Hyundai is seeking ways to rework its operations that include sourcing more components locally in Europe rather than shipping them from South Korea, a path that relies on passing through the Strait of ...
