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Hyundai Motor's South Korean union to extend partial strike
August 27, 2013 / 9:08 AM / 4 years ago

Hyundai Motor's South Korean union to extend partial strike

SEOUL (Reuters) - Hyundai Motor’s (005380.KS) South Korean workers plan to extend a partial strike by another two days after the latest round of wage talks failed to produce an agreement, a union spokesman said on Tuesday.

Hyundai Motor's sedans are assembled at a factory of the carmaker in Asan, about 100 km (62 miles) south of Seoul, January 22, 2013. REUTERS/Lee Jae-Won

More than 40,000 unionized workers plan to idle the automaker’s South Korean plants for eight hours on Wednesday and on Friday, the spokesman said.

The workers had already staged a partial strike on Monday in and had stopped work for three days last week. So far, the stoppages have cost the automaker 19,441 vehicles worth 398.7 billion Korean won ($356.95 million).

Reporting by Hyunjoo Jin; Editing by Miral Fahmy

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