SOUTH KOREA: Kia strike settled - report
Kia Motors workers and management have agreed a wage package and collective bargaining deal on Tuesday, the Financial Times (FT) said, adding that the deal ended a month-long strike that cost an estimated 450 billion won ($US388m). The FT said that resolution of the dispute would be a welcome respite for Kia's parent company Hyundai Motor, whose shares have fallen about 37% since early April.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable