Hyundai Creta output crashes 80% after fire at Mobis Chennai supplier plant
Fire at Hyundai Mobis' Chennai facility has slashed Creta production at Hyundai Plant 1 to 200 units/day from 1,000+. Hyundai is air-importing components and targets normalcy by June 22. Dealer inventory cushions near-term retail sales, but prolonged disruption threatens FY26's 578,000-vehicle target.
Fire at Hyundai Mobis Chennai plant has cut Creta production at Hyundai's Chennai Plant 1 to 200/day from 1,000+. Company is importing components, expects normalcy by June 22, no immediate retail sales impact due to dealer inventory.