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 ...
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