July 20, 2018 / 2:15 PM / 2 months ago

Hyundai Motor reaches a tentative wage deal with South Korean union

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

The logo of Hyundai is pictured at at the 37th Bangkok International Motor Show in Bangkok, Thailand, March 22, 2016. REUTERS/Chaiwat Subprasom/File Photo

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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