CORRECTED-UPDATE 1-Hyundai Motor and union reach tentative wage deal

Newswire

(In fourth paragraph corrects to add reference to one-off payments and make clear these are equivalent to five times basic wages) * Agrees on bonus and other payments of $7,800 * Stoppages led to production losses of over 50,000 vehicles * Workers to vote on agreement on Monday SEOUL, Sept 5 (Reuters) - Hyundai Motor Co has reached a tentative wage deal with its South Korean labour union, a union spokesman said on Thursday. ...

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