Hyundai Motor's labor union has initiated a partial strike, leading to production disruptions across all facilities, including the Ulsan plant.
On July 13, Hyundai announced in a public disclosure that all its facilities have entered a production halt due to a "partial strike related to collective bargaining."
Industry analysts estimate that about half of Hyundai's production lines will be directly or indirectly affected. According to the disclosure, the revenue of the affected facilities was 78.7667 trillion won last year, accounting for 42.29% of Hyundai's total consolidated revenue of 186.2544 trillion won in the same period.
The production halt will take place from July 13 to July 15, lasting three days. The union has decided to conduct a partial strike for two hours each day during this period, with the first and second shifts alternating their two-hour strikes.
Hyundai plans to minimize production losses through cooperative efforts between labor and management.
* This article has been translated by AI.
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