Kia Motors Corp. signs a tentative wage agreement with its labor union, avoiding a company-wide strike by hourly workers for the first time in two decades. The deal also marks the first time in 24 years all of South Korea’s unionized auto makers have signed new collective bargaining agreements without a system-wide strike. The last time Kia negotiated a new contract without a mass walkout was in the 1990s, prior to its acquisition by Hyundai Motor Co. Ltd. in 2000. Kia workers did hold ...
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