Hyundai Enercell.

Hyundai reaches tentative wage deal amid widespread strikes

Hyundai Motor’s union reached a tentative wage and contract agreement after roughly 60 hours of strikes, with ratification set for August 31 and concessions including a 100,000 won base pay rise and a performance-related bonus, while key issues like regular bonuses, retirement age, and staffing were still being negotiated for future rounds. Across Hyundai’s group, talks resumed amid a first full-day strike in a decade involving about 40,000 workers, broader wage-demand pressures, and separate mediation failures at HD Hyundai Heavy Industries that have granted the union the right to strike, signaling ongoing labor tension within the automaker’s ecosystem.