Hyundai Motor Union Secures Wage Deal, Avoids Strike for Sixth Year in a Row

SEOUL, July 13 (Korea Bizwire) – Hyundai Motor Co.’s labor and management have concluded their wage negotiations without a strike for the sixth year in a row, agreeing on the highest wage increase in the company’s history. The union said Saturday its members have voted to accept a tentative wage deal reached earlier in the [...]