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.
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.
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 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.
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.
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.
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.
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.
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.
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.
The new 2.0L and 2.5L engines represent the first time Porsche, which has a rich legacy of horizontally opposed piston engines, has developed one that combines turbocharging and only four cylinders....More
We call out vehicles with problematic fit-and-finish, materials, ergonomics or unfortunate design choices. Each of these items resulted in points deducted as WardsAuto editors selected the 2016 Wards 10 Best Interiors.