Renault Samsung, union tentatively OK wage deal for 2019

  • Renault Samsung Motors Corp. said Friday it has reached a tentative agreement with its union over wages for last year as the automobile industry tries to cope with the coronavirus outbreak, the company said Friday.
  • Union workers held a two-week partial strike in January, causing production losses of about 10,400 vehicles worth about 200 billion won.
  • To offset the reduction in the Rogue production, Renault Samsung badly needs to secure export volume for the XM3 compact SUV, but the company is still in talks with its parent company Renault, and no decision has been made yet.

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