Hyundai tentative 2026 wage agreement approved by union vote
Hyundai Motor Company said its tentative 2026 wage agreement with its labor union was approved by union members, with 61.55% voting in favor. Of 39,638 eligible members, 31,166 participated (78.63%), with 19,183 in favor and 11,914 against. The deal followed 16th talks and includes new technical hires for 2027 and 2028, pay and bonus increases, and additional payments, with a signing ceremony set for the 2nd.