Nomura Calls Hyundai Outperformance After 4.1% Labor Pay Deal
Nomura expects Hyundai to outperform peers after a labor agreement that raises base pay 4.1% and boosts bonuses. The view is tied to production and sales ramp-ups for Tucson, GV80 and GV90, plus continued SUV and hybrid/EV momentum, alongside Hyundai’s planned EREV launches and a fuel-cell bus pilot in Oman.