Cars
During July and August, the labor union at Hyundai’s South Korean plants staged a series of partial strikes over pay issues and working conditions.
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Cars
Hyundai Reaches Tentative Wage Deal With Korean Labor Union, Offers 5.4% Increase and $8.5k Bonus
During July and August, the labor union at Hyundai’s South Korean plants staged a series of partial strikes over pay issues and working conditions.
It was the first strike in four years and a major setback as it cost the Korean carmaker $1.4 billion in production losses. This makes it the second-costliest strike in the company's history.
Today, however, Hyundai announced that it has reached a tentative wage deal with the labor union leaders and thus, end the strike and resume normal production.
Read more »- Caw Strikes A Deal With Ford, Gives Gm And Chrysler More Time To Make Up Their Minds
Negotiations between the Canadian Auto Workers’ union and Ford resulted in a tentative deal concerning the new four-year contract between the workers and the automaker, averting the proposed strike that would start on Monday midnight if a deal...
- Caw-detroit Big 3 Negotiations Continue But Still No Deal Reached, Triple Strike Looms
With only four days remaining until the end of the current contract between the Canadian Auto Workers’ union (CAW) and the Detroit's Big Three, the union announced on Wednesday that meetings between the two parties are becoming more frequent,...
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The Canadian Auto Workers’ union (CAW) is the largest private sector union in the country with over 200,000 members. On September 5, it announced that it would strike General Motors, Ford and Chrysler, if contract talks do not progress. This is...
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Following the strike against GM a fortnight ago, UAW (United Auto Workers) went on strike against Chrysler LLC today after marathon negotiations between the union and the money-loosing American carmaker failed to produce a tentative agreement on a new...
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