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Hyundai to raise hourly pay 25% by 2028 following UAW deal

November 14, 2023 2:19 PM EST

Korean automaker, Hyundai Motor announced Monday that the company will raise wages for nonunion production workers at its Alabama factory by 25% by 2028. The announcement comes weeks after the United Auto Workers (UAW) union won substantial concessions from the Detroit Three.

Hyundai follows Toyota Motor (NYSE:... More