South Korea's Hyundai Motor Co. said Wednesday it will reduce production at its US plant this week due to a chip shortage.

Hyundai Motor will cut vehicle production at the Alabama plant from Tuesday to Friday (US time) over a lack of semiconductor parts, a company spokesman said over the phone.

The Alabama plant halted operations for one week last month due to the same problem.

From January to July, Hyundai's vehicle sales rose 22% to 2.34 million units from 1.92 million in the year-ago period.

Hyundai aims to sell 4.16 million vehicles globally this year, 11% higher than the 3.74 million units it sold last year. (Yonhap)