Hyundai Motor to shut South Korean parts plants in pivot toward EVs

Hyundai Motor to shut South Korean parts plants in pivot toward EVs By Reuters – Canada Boosts

© Reuters. A person walks previous the brand of Hyundai Motor throughout the 2019 Seoul Motor Present in Goyang, South Korea, March 28, 2019. REUTERS/Kim Hong-Ji/File Photograph SEOUL (Reuters) – Hyundai Motor (OTC:) stated on Thursday it plans to cease operations at two components forging crops in South Korea subsequent 12 months because the automaker…

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UAW files unfair labor charges against VW, Honda, Hyundai

UAW files unfair labor charges against VW, Honda, Hyundai By Reuters – Canada Boosts

© Reuters. FILE PHOTO: Indicators stand outdoors a Volkswagen plant throughout a vote amongst native staff over whether or not or to not be represented by the United Auto Employees union in Chattanooga, Tennessee, U.S. June 13, 2019. REUTERS/Nick Carey/File Picture By David Shepardson (Reuters) – The United Auto Employees union stated Monday it filed…

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US probes Hyundai, Kia recall into 6.4 million vehicles over fire risks

US probes Hyundai, Kia recall into 6.4 million vehicles over fire risks By Reuters – Canada Boosts

2/2 © Reuters. FILE PHOTO: The brand of Hyundai Motor Firm is pictured on the New York Worldwide Auto Present, in Manhattan, New York Metropolis, U.S., April 13, 2022. REUTERS/Andrew Kelly/File Picture 2/2 By David Shepardson WASHINGTON (Reuters) -U.S. auto security regulators on Monday stated they’d opened a probe into 16 separate recollects issued by…

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Hyundai unveils its first high-performance electric car

Hyundai unveils its first high-performance electric car By Reuters – Canada Boosts

© Reuters. FILE PHOTO: The brand of Hyundai Motor Firm is pictured on the New York Worldwide Auto Present, in Manhattan, New York Metropolis, U.S., April 13, 2022. REUTERS/Andrew Kelly/File Photograph (Reuters) – Hyundai Motor (OTC:) unveiled its first high-performance electrical automobile(EV), an N sport variant of its IONIQ 5 crossover SUV. The South Korean…

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Hyundai to raise US factory wages 25% after union got concessions from Detroit's Big 3

Hyundai to raise US factory wages 25% after union got concessions from Detroit’s Big 3 – Canada Boosts

Hyundai mentioned Monday it would increase manufacturing facility employee pay 25% by 2028, matching the final wage enhance received by the UAW throughout that interval. Toyota raised factory pay 9% to 10% beginning in January, whereas Honda mentioned it would enhance wages 11% throughout the identical interval. Labor specialists say the will increase are at…

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