A sit-in strike by contract workers of an onsite seat supplier at the Hyundai Motor Co. Ltd. No.1 Plant in Ulsan enters its 16th day, as production of the all-new Accent remains stalled. A Hyundai spokesman tells Ward’s the strike so far has resulted in a production loss of 18,705 vehicles, valued at 208 billion won ($178 million). The new Accent, which launched sales in early November, has sold just 1,000 units in Korea, and only a limited number of the cars were exported before the ...
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