Hyundai Motor Union demands higher wages shorter hours

Hyundai Motor Co faces the threat of industrial action in South Korea as the labour union demands higher pay and bonuses and more cuts to working hours in the annual wage talks in June - AFP Photo.

SEOUL: Hyundai Motor Co's South Korean labour union has demanded higher pay and bonuses and more cuts to working hours, as the automaker heads into annual wage talks in June under the threat of industrial action.

Any strike action in South Korea - which makes nearly 40% of Hyundai vehicles sold globally - could disrupt supply around the world as the company fights to reverse a fall in profits linked to the stronger won and competition from the likes of Volkswagen AG.