
Hyundai Motor Co. reached a preliminary agreement with its South Korean union to raise wages, paving the way for the end of a strike that’s resulted in an estimated 1 trillion won ($910 million) in lost output.

Hyundai Motor Co. reached a preliminary agreement with its South Korean union to raise wages, paving the way for the end of a strike that’s resulted in an estimated 1 trillion won ($910 million) in lost output.