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FinanceGM Korea unionized workers extend partial strike over wages and bonuses into second week
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Unionized workers at GM Korea, the South Korean subsidiary of General Motors, have extended their partial strike into a second week after failing to reach an agreement on salaries and bonuses. The labor union, affiliated with the Korean Metal Workers' Union, staged four-hour walkouts on July 21 and 22, demanding a KRW 149,600 (US$100) increase in basic monthly pay, a KRW 30 million (US$20,240) annual performance bonus per worker, and a commitment to introduce new models at the company's plants. GM Korea's global sales rose 10.5% to 275,523 units in the first half of 2026, driven by a 12% increase in exports to 270,252 units, mostly to the US, while domestic sales fell over 35%. The company aims to produce 500,000 vehicles in 2026, up from 462,310 in 2025, and earlier pledged US$600 million to upgrade local manufacturing for next-generation models.
Source report
Workers at GM Korea, the South Korean subsidiary of US automaker General Motors, have extended their partial strike action into a second week. The labour union, affiliated with the Korean Metal Workers' Union, has failed to reach an agreement with the automaker on salaries and bonuses.
Unionised workers downed tools for four hours across all shifts on 21 and 22 July. Their demands include:
- A KRW 149,600 (US$100) increase in basic monthly pay
- A KRW 30 million (US$20,240) annual performance-related bonus per worker
- A firm commitment to introducing new models at the company's plants
Sales and Production Performance
GM Korea's global sales rose by 10.5% to 275,523 units in the first six months of 2026. This growth was driven mainly by a 12% rise in exports to 270,252 units, mostly to the US. In contrast, domestic sales plunged by over 35% to 5,271 units.
The company has set a production target of 500,000 vehicles for 2026, up from 462,310 units in 2025, primarily to meet growing overseas demand, particularly in the US.
Investment Commitment
Earlier this year, GM Korea pledged to invest US$600 million to upgrade its local manufacturing operations for the production of next-generation models.
This article was originally created and published by Just Auto, a GlobalData owned brand.
Source
Yahoo FinanceWestern
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GM Korea's Unionized Workers Continue Partial Strikes Over Wages and Bonuses