Hyundai Motor, union strike tentative wage deal

A visitor walks past a Hyundai Motor logo at a Hyundai dealership in Seoul April 25, 2013. REUTERS/Kim Hong-Ji·Reuters· (Reuters)

SEOUL (Reuters) - Hyundai Motor Co has reached a tentative wage deal with its South Korean labor union, a union spokesman said on Thursday. Should the union approve the deal in a vote on Monday, Hyundai, the world's fifth-biggest carmaker along with affiliate Kia Motors , should avoid further production losses. It had suffered a series of partial strikes. (Reporting by Hyunjoo Jin; Editing by Michael Urquhart)

Advertisement