KIA MOTORS STILL FACING LABOR DISPUTES

Labor disputes in some of the major automakers are acting as a barrier towards growth. Korea's labor dispute is due to a low wage deal for the year 2019. Of the country's popular five carmakers, Hyundai Motor Co. and SsangYong Motor Co. have already settled the deal before entering 2020.

But the three carmakers, including Kia Motors Corp., Renault Samsung Motors Corp., and GM Korea Co. are still struggling to settle the wages....