Renault Korea signs 2026 wage agreement after 15 negotiation rounds

  • Renault Korea signed its 2026 wage and collective agreement at the Busan plant.
  • 51,000 won was added to basic pay, alongside a 2.5 million-won payment including a bonus.
  • Employees approved the agreement with 50.1% support at their August 26 general meeting.

Renault Korea signed its 2026 wage and collective agreement at its Busan plant after labor and management held 15 negotiation rounds over approximately four months. The agreement provides a 51,000-won basic pay increase, a one-time payment of 2.5 million Korean won including a bonus, and other measures. Employees approved the tentative deal with a 50.1% approval rate at a general meeting on August 26. With negotiations concluded, Renault Korea plans to concentrate on improving performance and advancing new projects, while strengthening customer benefits and new-car marketing to expand domestic sales. From this month, buyers of the Filante and the 2027 Grand Koleos will receive free warranty extensions of up to seven years or 140,000 kilometers. The company has also introduced the limited-edition Grand Koleos Etoile, etoile.

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Renault Korea signs 2026 wage agreement after 15 negotiation rounds - CoinPost Terminal