Workers at GM Daewoo Auto & Technology Co. reject a tentative labor agreement reached by the company and the union last week. Some 55% of the auto maker’s 8,000 unionized employees have turned down the deal.The offer includes an 11% pay increase, which exceeds the 6.18% increase accepted by union workers at Hyundai Motor Co. Ltd. and Kia Motors Corp., and a 2.5 million won ($2,100) performance bonus. (See related story: Kia Reaches Labor Settlement; GM Daewoo Workers to Strike) The ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.