Hyundai Motor flags export disruptions as West Asia conflict hits shippingMUMBAI : Hyundai Motor said ‌on Friday (April 3, 2026) that exports to Europe and North Africa, which typically transit ​through the West Asia, were being disrupted by the conflict in ⁠the region, underscoring growing strains on global supply chains. Hyundai Motor, the world’s third-biggest automaker by sales with its affiliate Kia Corp, warned that even if the Iran war ended soon the ‌impact would linger. Hyundai Motor Group’s logistics ⁠unit, Hyundai Glovis , said it was currently unable to access some West Asia routes, forcing it to temporarily store cargo at alternative locations until conditions stabilise. South Korea’s exports in March posted their strongest growth in nearly four decades, but shipments to ⁠the West Asia fell 49%. Shares of Hyundai Motor and Hyundai Glovis closed down 1.2% and 0.7%, respectively, on Friday (April 3, 2026) versus benchmark KOSPI’s 2.7% rise.

Source: The North Africa Journal April 04, 2026 09:43 UTC