Hyundai Motor’s union in South Korea votes to strike

SEOUL (Reuters) -Hyundai Motor’s unionised workers in South Korea voted for possible strike action after talks with the company over wage increases and an extension of the retirement age stalled, the automaker’s union said on Monday.

The union, one of the biggest in the country with more than 43,000 members, said that almost 90% of its members had approved strike action unless the company accepts the union’s demands.

A Hyundai Motor (OTC:) representiative was not immediately available for comment.