Overview
- Hyundai's union began a three-day partial walkout on Monday, halting production lines for up to four hours a day and mounting overnight sit-ins while it reviews whether to extend action on July 15.
- Union demands include a larger monthly base pay increase, a performance bonus tied to 2025 net profit, a higher lump-sum bonus, an extended retirement age and reinstatement of dismissed workers.
- Management has held to a smaller offer that includes an 89,000 won monthly raise, a performance bonus equal to 350% of monthly pay, 10 million won in cash and 15 company shares.
- Industry watchers estimate the stoppage could disrupt production of roughly 5,000 vehicles and reduce sales by about 200 billion won, risking delays to planned model launches and delivery schedules.
- The walkout follows 15 rounds of bargaining that stalled in early July and comes as wider auto-sector labor tension grows and worker anxiety rises over planned automation such as humanoid robots slated for some overseas plants.