Hyundai Motor labor deal clears path to production recovery

Hyundai Motor and its labor union reached a tentative wage agreement Tuesday, more than three months after negotiations began, potentially ending a protracted labor dispute that disrupted production. The two sides struck the deal during their 17th round of negotiations at Hyundai Motor’s Ulsan plant. Representatives from management and the union engaged in talks that began Monday and continued overnight. The two sides agreed to raise monthly base pay by 100,000 won ($72.33) and provide a perform