Kia Motors Corp. calculates intensified strike action at its three plants in South Korea this week will result in cumulative revenue losses of 1 trillion won ($888 million), a spokesman tells Ward’s. Kia and its labor union have been in negotiations for a new labor agreement since June. Specific production losses anticipated for this week are not given. However, the spokesman says a report shows from June 30 through Jan. 13, strike action resulted in 53,000 lost builds, valued at 940 ...

Premium Content (PAID Subscription Required)

"Strike Action at Kia’s Domestic Plants Intensifies as Talks Break Down" 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.