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U.S. Automakers Protest Reverse Discrimination Over New Tariff Rules

"An additional cost of at least $2 billion per year for each U.S. automaker."This is the economic scorecard the Detroit auto industry will have to bear if the Donald Trump administration’s push to…

  • U.S. automakers could face $2 billion annual cost per manufacturer.
  • Proposed tariff requires 50% of vehicle value made in U.S., up from 75%.
  • GM projects $3.5 billion in tariff-related costs this year.

Hyundai Union Extends Partial Strikes to Six Hours

The Hyundai Motor labor union is intensifying its strike and strongly pressuring management ahead of the National Liberation Day holiday.

  • Hyundai union extends partial strike to six hours daily.
  • Union demands 149,600 won base pay increase and 30% profit share.
  • Management offers lower pay increase and fewer bonuses.

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