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Labor dispute at Hyundai: Another warning strikes in Korea

Labor dispute at Hyundai
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M it The warning strikes want to emphasize their demand for higher wages and better working conditions.

Kia workers also want to strike

The negotiations between the union and management had brought no progress during the holiday period at Hyundai. Hyundai workers went on strike last month for the first time in four years. The union announced more work stoppages for the next five working days. The workers at Hyundai's sister company Kia Motors want to join the warning strikes this week.

Hyundai Motor, which with Kia is the fifth largest carmaker in the world, had a significant profit increase in the second quarter of 2012. According to the company, the surplus increased by 10.4 percent year-on-year to around 2.6 trillion won (around 1.9 billion euros). Sales climbed to over 1.1 million cars for the first time in a quarter.

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