Are Hyundai and Kia Striking?

Baaaaad time in Korea!

Automotive News has declared that the situation at the automaker Hyundai is facing some agitated times, since the workers have decided to go on a strike.

Their demands involve better pay (an increase of  $132), bonuses (30% of the company’s profits) and reduced work hours (8 hour shifts). The leader, Moon Yong says that they will take action if their wishes will not be granted.

This issue is pretty big, since Hyundai survived strikes like this during 1987 and 2008, costing it almost one million units worth $10 billion.


And Kia is not far from that either. Their plan was to stop work for 8 hours today, 12th of July.

Stay tuned for recent updates on how this thing worked!


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