Hyundai Suffers 620 bln Won Output Loss on Strikes

SEOUL, Aug. 28 (Korea Bizwire) — Unionized workers at Hyundai Motor Co. will stage a partial strike on Monday after seven rounds of walkouts that already cost the company 620 billion won (US$553 million) in production losses, corporate sources said. The company’s union said its day-shift workers at Hyundai’s main plants in Ulsan, 414 kilometers [...]