Hyundai Motor, union strike tentative wage deal

SEOUL Thu Sep 5, 2013 6:27am EDT

A visitor walks past a Hyundai Motor logo at a Hyundai dealership in Seoul April 25, 2013. REUTERS/Kim Hong-Ji

A visitor walks past a Hyundai Motor logo at a Hyundai dealership in Seoul April 25, 2013.

Credit: Reuters/Kim Hong-Ji

SEOUL (Reuters) - Hyundai Motor Co (005380.KS) has reached a tentative wage deal with its South Korean labor union, a union spokesman said on Thursday.

Should the union approve the deal in a vote on Monday, Hyundai, the world's fifth-biggest carmaker along with affiliate Kia Motors (000270.KS), should avoid further production losses. It had suffered a series of partial strikes.

(Reporting by Hyunjoo Jin; Editing by Michael Urquhart)