South Korea: Hyundai Motor Workers’ Union is “against investment in the United States”
The Renault Samsung union has been stormed for the third consecutive year
Hyundai Motor Workers’ Union:
On May 17, it released a statement saying, “We oppose the company’s one-sided US market investment plan (805 billion yen).”
Opposition to EV production in the US:
It was a reaction to “Hyundai Motor will produce a new electric vehicle (EV) in the United States on May 13th.”
Ignore 50,000 union members:
Hyundai Motor explained, “It is not about transferring production capacity in South Korea, but about opening up new markets.”
“Announcement without a word of consultation is an act of ignoring 50,000 union members.”
“If you force investment, coexistence and symbiosis will be far away,” he threatened.
Base up and retirement age extension:Hyundai union is on the 14th of this month
“This year’s base up (99,000 won)”
“Request for extension of retirement age (up to 64 years old),
The “wage / collective agreement plan that includes the performance payment of 30% of net profit” was decided.Chosunonline.com AMP
http://www.chosunonline.com/m/svc/article.amp.html?contid=2021051880013
Hyundai Motor Labor Union Opposed to Group’s 8.4-tril.-won U.S. Investment Plan
Hyundai Motor Co.’s labor union
has publicly expressed its opposition to Hyundai Motor Group’s recently announced plan to invest eight trillion won in the United States.
Hyundai Motor Group
said earlier that it will invest more than eight trillion won in the United States over the next five years from in 2021 for local production of electric vehicles.
As the labor union has shown its opposition,
the U.S. investment plan is expected to emerge as a major issue in collective wage negotiations for 2021.
Businesskorea
http://www.businesskorea.co.kr/news/articleView.html?idxno=67385