HYUNDAI STOPS PRODUCTION, SHUTS DOWN FACTORY AFTER WORKER TESTS POSITIVE FOR CORONAVIRUS   

The deadly Coronavirus has killed more than 2,800 people and infected about 83,000 worldwide. Ever since its outbreak; be it business, market or transport everything has been badly affected. 

A recent news which took to headlines was, a Hyundai Motor worker has been tested positive for coronavirus, that has lead to a suspension of production in South Korea's southeastern city of Ulsan. The confirmation of this report comes from the company itself. 

According to NDTV reports, shares of Hyundai Motor dropped more than 5 percent while the wider market was down by 2.6 percent soon after the news went viral. Outside China, South Korea has the most infected people with the deadly virus.

This outbreak has been affecting companies like Samsung and Hyundai. Meanwhile, South Korea reported 256 new cases which has increased the total count to 2,022.

Currently, a union spokesman confirmed the news about the worker in a press release. "The company has also placed colleagues who came in close contact with the infected employee in self-quarantine and taken steps to have them tested for possible infection," Hyundai Motor said in a news release. 

The city Ulsan is less than an hour from Daegu, the epicentre of outbreak in Korea, NDTV further reported. 

Hyundai that has been shut down operates five car factories in Ulsan. Talking about its production, it produces sport utility vehicles such as Palisade, Tucson, Santa Fe and Genesis GV80.