Hyundai Motor, South Korean union reach tentative wage deal without strike

 Hyundai Motor, South Korean union reach tentative wage deal without strike

SEOUL (Reuters) - Hyundai Motor <005380.KS> and its South Korean union reached a tentative wage deal without resorting to a strike for the first time in eight years, a union spokesman said on Wednesday.

The deal, which was reached around midnight on Tuesday, is subject to a vote by union members on Sept. 2.

(Reporting by Hyunjoo Jin; Editing by Bill Rigby)

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Updated Date: Aug 28, 2019 04:06:35 IST