이 누리집은 대한민국 공식 전자정부 누리집입니다.

한상넷

비즈니스 정보

Biz News Korea(Eng)

Strike toll for Hyundai Motor nears $3 billion

Collected: 2016.10.12

Distributed: 2016.10.13

Source: Go Direct

Lengthy strike that has disrupted production at Hyundai Motor since summer has cost the country’s largest automaker 3.1 trillion won ($2.7 billion) in revenue loss, further afflicting the company grappling with multiple scourges of global slowdown, costly recalls, and recent damage from a powerful typhoon.

The union protesting to next year’s wage terms has interrupted production flow of 142,000 vehicles with 24 walkouts including the first full-day halt in entire production lines for the first time in 12 years. The unionized workers also refused to work on the weekends and holidays. Turnout in local facilities sank nearly 30 percent in September from the year-ago period.

The management and union resumed wage negotiations on Wednesday. The union will decide whether to go on another strike based on the outcome.

By Chun Beom-joo

Read in Korean

List

Previous: Hyundai Green Food geared for bright sales outlook

Next: Ssangyong Motor to set up JV and plant in Xi’an, China