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Hyundai Motor reaches a tentative wage deal with South Korean union

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Reuters SEOUL
Last Updated : Jul 20 2018 | 7:55 PM IST

SEOUL (Reuters) - Hyundai Motor on Friday reached a tentative wage deal with its South Korean labour union, a company spokesperson said.

The agreement needs to get approval from its union members.

The over 50,000-member union in early July voted for strike action, but it said it aimed to reach a wage deal before the summer holidays which start late July.

(Reporting by Hyunjoo Jin and Ju-min Park; Editing by Alison Williams)

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First Published: Jul 20 2018 | 7:43 PM IST

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