Nearly seven weeks of strikes at Hyundai Motor Co. Ltd. end, as the auto maker agrees to raise base wages 8.6% for unionized workers. Hyundai also agrees not to lay off workers without the union’s consent and to allow the union a larger role in management decisions. In addition, it will reduce the workweek to 40 hours from 42 hours. The strike reportedly has cost Hyundai some $1.2 billion in lost production.

Premium Content (PAID Subscription Required)

"Hyundai Motor Strike Ends" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.