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Hyundai Motor

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South Korean auto brands, Hyundai Motor Co., and Kia Motors Corp., originally seen as laggards in quality, took top marks in a U.S. survey …

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The Hyundai Motor’s labor union has voted to approve a revised wage and working-conditions deal, ending strike that had hurt sales at South Korea’s biggest car maker. The strike at Hyundai Motor is said to be the costliest one in the company’s history.The agreement between Hyundai and labor union comes after endless rounds of negotiations.

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South Korean automaker giants, Hyundai Motor Co. and its affiliate Kia Motors Corp. have set a target of increasing their global sales by 6.1 percent this year. The South Korean automakers have plans to improve quality and invest in research and development for reaching the set target.

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