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    "headline": "Hyundai Motor, union ratify wage deal with 61.55% vote, ending 117-day talks",
    "dek": "Hyundai Motor and its union ratified a 2026 wage deal with 61.55% approval, ending 117 days of negotiations and strikes.",
    "prose": "On 2026-08-31, the Korean Metal Workers' Union Hyundai Motor branch held a ratification vote among Hyundai Motor's 39,638 union members; 31,166 voted and 19,183 approved, giving a 78.63% turnout and 61.55% approval rate, and the branch announced the result on 2026-09-01. [^1]\n\nThe ratified Hyundai Motor wage agreement, reached on 2026-08-25 and approved on 2026-08-31, gives union members a monthly base salary increase of 100,000 Korean won (including grade-step raises), a performance bonus of 400% plus 12.7 million won, 15 Hyundai Motor shares, 500,000 won in welfare points, and a 200,000 won increase in summer vacation allowance. [^2]\n\nHyundai Motor reported its lowest monthly sales volume in four years due to production stoppages caused by worker strikes at its South Korean plants. [^3]\n\nHyundai Motor's South Korean labor union approved a tentative wage agreement with the automaker on Tuesday, ending the current year's pay negotiations. [^4]\n\nAs part of the 2026 wage deal, Hyundai Motor plans to hire 500 technical workers, with 200 in the second half of 2027 and 300 in 2028. [^5]\n\nThe Hyundai Motor union staged strikes totaling 60 hours over 15 sessions from 2026-08-13 to 2026-08-21, including an eight-hour full strike on 2026-08-21 - the first since 2016 - which halted morning and afternoon production shifts for 120 hours. [^6]\n\nAnalysts estimate the production disruptions cost Hyundai at least 2.3 trillion won in lost profit. [^7]\n\nGlobal vehicle deliveries for Hyundai fell by 14 percent in August compared to the same period the previous year, with total sales reaching 288,574 units. [^8]\n\nThe domestic market experienced the sharpest decline, dropping by 41 percent, while the company representative noted that such low results have not been seen since the beginning of 2022. [^9]\n\nApproximately 61.55 percent of participating union members voted in favor of the agreement, according to Hyundai Motor. [^10]\n\nThe final agreement includes a base salary increase of 4.1 percent plus a performance bonus equivalent to 400 percent of base pay. [^11]\n\nThe union initially demanded a raise in bonuses to 800 percent of the monthly base salary, up from 750 percent, and sought guarantees to protect jobs from AI and automation. [^12]",
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