Hyundai Motor and union reach tentative deal with 100,000-won pay raise

Hyundai Motor and its labor union reached a tentative wage agreement Tuesday, potentially ending a protracted labor dispute that disrupted production. The deal was reached during the 17th round of negotiations at Hyundai Motor’s Ulsan plant after management and union representatives began talks Monday and continued overnight. Under the agreement, monthly base pay would rise by 100,000 won ($72.33).