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Hyundai Motor, union reach wage deal after 117 days

Summary by UPI
Hyundai Motor and its union finalized a 2026 wage agreement after 117 days of negotiations, ending strike-related uncertainty for the automaker.

4 Articles

(Ulsan=Yonhap News) Reporter Kim Geun-ju = On the 2nd, Hyundai Motor Company management and labor held a meeting in the Donghaeng Room of the main building at the Ulsan plant, attended by CEO Choi Young-il, Union Branch Chairman Lee Jong-cheol, and other negotiation representatives...

·Seoul, Korea (the Republic of)
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[Digital Daily Reporter Yoon Seo-yeon] This year's wage and collective bargaining agreements for the five major domestic automakers have all been concluded. With the tentative agreement between Hyundai Motor Company and its labor union, which had struggled until the very end, passing the union member vote, the automotive industry's prolonged "summer struggle" has come to an end. However, key issues such as extending the retirement age and reduc…

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The Workers Rights broke the news on Tuesday, September 1, 2026.
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