SsangYong reaches another wage deal with union

Home > Business > Industry

print dictionary print

SsangYong reaches another wage deal with union

SsangYong Motor, the local unit of Indian sports utility vehicle maker Mahindra & Mahindra, said Friday it has reached a wage deal with its union, marking the ninth consecutive year that the carmaker and the union have reached a deal without a strike.

Half of 3,265 SsangYong workers voted in favor of the deal which freezes basic monthly wages and a bonus worth 1 million won ($890).

The maker of the Tivoli and G4 Rexton sport-utility vehicles sold a total of 143,685 vehicles in 2017, down a sharp 16 percent from 155,844 units the previous year.


More in Industry

Korea Shipbuilding signs ₩87.5 billion deal to build LPG carrier

DMI to develop drone-based marine charting system

Graft regulations eased to allow for more expensive gifts

Hanwha is first Rolls-Royce supplier permitted to handle quality control

Live commerce, perfect for the pandemic, is all the rage

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now