SEOUL, Sept. 6 (Korea Bizwire) — Renault Samsung Motors Corp., the Korean unit of French automaker Renault S.A., said Friday it will implement a voluntary retirement program in an effort to tackle a decline in production volume and sales. The automaker said it has offered to provide up to 36 months’ salary to workers who [...]
SEOUL, Aug. 26 (Korea Bizwire) — Renault Samsung Motors Corp. said Monday job reductions may be one of the options to tackle with declining production volumes at its sole local plant and a prolonged slump. In a meeting with the union last week, the company said it will be difficult to maintain the current workforce [...]
SEOUL, Jun. 18 (Korea Bizwire) — Renault Samsung Motors Corp. on Tuesday began to sell its liquefied petroleum gas-powered QM6 SUV in the domestic market. The QM6 LPe is the first LPG-fueled SUV in the South Korean SUV market. The facelifted QM6, equipped with a 2.0-liter gasoline engine, also went on sale, it said. The [...]
SEOUL, Jun. 14 (Korea Bizwire) — Unionized workers at Renault Samsung Motors Corp. voted for a wage deal on Friday, ending a monthslong dispute at the automaker plagued by output losses and helping it secure production volume for exports. In a vote over the wage deal, 74 percent of Renault Samsung’s 2,063 workers cast ballots [...]
BUSAN, Jun. 13 (Korea Bizwire) — Renault Samsung Motors Corp., the Korean unit of French automaker Renault S.A., said it reached a tentative agreement with its labor union over wages and working conditions Wednesday. The union members will vote Friday on whether to accept the deal. It will be their second poll since the two [...]
BUSAN, Jun. 12 (Korea Bizwire) — Renault Samsung Motors Corp., the Korean unit of French automaker Renault S.A., on Wednesday said it will resume wage negotiations with its labor union after the latter decided to withdraw its full-scale strikes. The company said the two sides will resume their wage talks later in the day. The [...]
SEOUL, Jun. 10 (Korea Bizwire) — An extended strike at Renault Samsung Motors Corp. is driving up the carmaker’s production losses, with no signs of an imminent breakthrough in talks between the company and its union over wages and working conditions. Some 1,800 assembly line workers entered a “full-scale” strike at Renault Samsung’s only plant [...]
BUSAN, May 21 (Korea Bizwire) — The labor union of Renault Samsung Motors Corp. on Tuesday voted down a tentative deal on wages and working conditions that it reached with the company last week, the union said. Of the 2,219 union members present for the vote, 51.8 percent cast their ballots against the deal while [...]
SEOUL, May 16 (Korea Bizwire) — Renault Samsung Motors Corp. and its labor union said Thursday they have reached a tentative agreement over wages and working conditions, possibly ending their drawn-out labor dispute that was feared to undermine the automaker. The union said its members will vote on whether to accept the deal on Tuesday. [...]
SEOUL, May 7 (Korea Bizwire) — Renault Samsung Motors Corp. said Tuesday it plans to temporarily halt operations at its only plant later this month amid an extended dispute with its labor union over wages. Renault Samsung, the Korean unit of French carmaker Renault S.A., plans to suspend the operation of the Busan plant, 450 [...]