Kia Motors Corp. workers in South Korea reportedly have reached a tentative deal with the auto maker, ending a 2-week strike by about 27,200 union members. The two sides agreed to the same terms that workers at Kia’s sister company, Hyundai Motor Co. Ltd., did last week. They include a 6.9% increase in basic monthly salary, a bonus this year equivalent to three months’ pay and a one-time, 2 million won ($1,950) payment. Also part of the deal is a move to an 18-hour vs. 24-hour shift system ...

Premium Content (PAID Subscription Required)

"Kia, Workers Reach Deal" 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.