Vince Courtenay


Vince covers South Korea and other markets in the Asia/Pacific region.

Hyundai, Union Reach New Tentative Wage Pact
Voting is under way on the new proposed contract that is only slightly more lucrative than the one workers rejected overwhelmingly in August.
Typhoon Hits Hyundai Amid Stormy Labor Negotiations
Hyundai downplays the seriousness of flooding and storm damage at its Ulsan plants, saying only that the typhoon has temporarily halted production. Workers say nature is taking the strike action they have suspended, at least temporarily.
Hyundai Workers Resume Partial Strike as Talks Stall
Korean Metal Workers Union sources say strike action likely will continue next week under the direction of Hyundai Div. President Park Yoo-ki. It is unclear if the Korean government will order the union to immediately end its strike action.
Hyundai Strike Testing Korean Government’s Patience
Cabinet ministers meeting Wednesday in an emergency session announced they may issue a mediation order requiring the union to immediately stop the walkouts, a legal intervention that has not been applied in the auto industry in 23 years.
GM Korea, Online Site Join in Bid to Market Aveo
GM Korea notes the joint promotion with the Auction online shopping site won’t be followed by offering more models, but is a special promotion to help bring the new Aveo to the attention of potential women buyers ages 30-40.
Hyundai Hit By Daylong Strike Over Wage Impasse
The Hyundai workers’ union says management has failed to make an offer that improves the terms contained in a tentative wage package that was reached Aug. 24, but was rejected by 78% of the workers.
Hyundai’s ‘Hot Hatch’ Ads Too Hot for Some Koreans
Korean media reports say the ads are being criticized for what some claim is the exploitation of women.
Korean Prosecutors Question VW Exec Over Dieselgate
Prosecutors questioned Detlef Stendel, the emissions-certification manager at Volkswagen’s German headquarters since 2004, about whether the automaker instructed executives in Korea to install emissions-cheating software in VW diesel engines.
Hyundai Hit by New Round of Partial Strikes in Korea
The 14 partial strikes at Hyundai reportedly have caused production losses of 65,500 vehicles valued at 1.47 trillion won. The automaker’s labor troubles in Korea are mitigated by the performance of its overseas plants.
Hyundai Providing Tucson FCEVs for Korea, Australia
The paucity of recharge stations still is seen as a major problem, with only 10 available throughout Korea. The government says it will increase the number of stations to 80 by the end of 2020, and to 520 by 2030.
U.S. Exports Focus of Kia’s New Plant in Mexico
The plant was built in Mexico to take advantage of tariff-free access to U.S. and Canadian markets under NAFTA. Spokesmen confirm 80% of production is earmarked for export to the U.S. and Latin America.
Ssangyong’s Paris Concept Next-Gen Rexton SUV
Specifications have not been released, but dimensionally the concept is a little longer and wider than the current Rexton and is said to be somewhat lighter.
GM Korea Union Approves Wage Deal With 56% of Vote
The deal calls for an 80,000 won average monthly wage increase, a lump-sum 6.5 million won incentive bonus payable when the new contract is signed and a 4.5 million won performance-based bonus payable at year’s end.
GM Korea Workers Vote on New Wage Pact
Getting to the tentative agreement has been tough, company sources say. Talks began April 26, with 30 full negotiating rounds held over more than four months until the tentative deal was reached Sept. 6.
Hyundai Shows Off i30 Ahead of Paris Debut 1
In Korea the revised i30 will be offered with three new downsized turbo engines, including a diesel.


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