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Hyundai Motor, Union Reach Tentative Deal to End Wage Dispute

Labor & EmploymentCorporate Guidance & OutlookCompany Fundamentals

Hyundai Motor Co. and its labor union reached a tentative wage agreement, which could end a months-long dispute and halt strike-related production disruptions. The deal is aimed at reducing escalating production loss concerns, supporting stability in output and near-term operating outlook.

Analysis

Hyundai Motor Co. and its labor union reached a tentative wage agreement, which could end a months-long dispute and halt strike-related production disruptions. The deal is aimed at reducing escalating production loss concerns, supporting stability in output and near-term operating outlook.

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