Hyundai Creta output collapses to 200/day after fire at Mobis Chennai supplier plant
A fire at Hyundai Mobis' Chennai facility has slashed Creta production at Hyundai India's Plant 1 from 1,000+ to 200 units/day. With Creta accounting for ~33% of sales, the company is air-freighting components and targeting normalization by June 22. Dealer inventory cushions near-term retail.
What happened
Hyundai Motor India · Fire at Hyundai Mobis Chennai plant has slashed Creta output at Hyundai India's Chennai Plant 1 from 1,000+ to 200 units/day. Company is
Key facts
- 200 cars/day vs 1,000+
- 578,000 units FY26
- Creta ~33% of sales
- 824,000 Chennai capacity
- 170,000 Pune capacity
- net profit ₹5,432 cr (-4%)
- revenue ₹70,763 cr (+2%)
- margin 7.6% (-50bps)
Why this matters
The Mobis Chennai concentration risk exposed here strengthens the case for qualifying a second-source supplier or taking a strategic stake in a redundant components vendor before the next disruption reprices Hyundai's India supply chain premium.