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Hyundai workers vote to strike amid weak sales

2017/07/14 18:35

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SEOUL, July 14 (Yonhap) -- Unionized workers at Hyundai Motor Co. on Friday voted to stage a walkout as they press for more wages and benefits, the union said Friday.

Hyundai workers cast their votes after the breakdown of wage negotiations with the management.

The 51,000-member union demands the company raise workers' basic monthly wages by 154,883 won (US$136) and offer a bonus of 30 percent of the company's full-year net profit earned in 2016.

Hyundai has suffered production losses resulting from strikes during wage negotiations every year since 2000, except for in 2009, 2010 and 2011.

In the January-June period, Hyundai sold a combined 2.198 million autos, down 8.2 percent from 2.394 million during the same period last year.

Meanwhile, union workers at its sister company Kia Motors Corp. are in the process of taking a vote to decide whether to stage a strike after negotiations with management were halted.

Kia workers also want an increase of 154,883 won in monthly salary and demand 30 percent of the company's operating profit earned last year.