Hyundai Motor Co and it's South Korean workers' union have reached a tentative wage deal and averted strike action for the first time in eight years, sending the automaker's shares up by more than 4%. Hyundai's unionised workers in South Korea have staged strikes in all but four years since the union was created in 1987. But the union has faced growing public and media criticism for walking out of wage talks despite workers' relatively high pay and at a time of economic slowdown.
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