South Korea: GM Korea, unions reach record pay deal

General Motors' South Korean subsidiary, GM Korea, has reached a tentative agreement with its union to pay a record Won 6.5m (US$6,093) to each worker by way of bonus and incentives. This announcement follows a partial strike a week ago, which led to production losses to the tune of 9,700 vehicles, Subscribe to Automotive World … Continued

• By Webmaster
• July 13, 2011