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)

"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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.