SEOUL, July 22 (Yonhap) -- The management and union of GM Korea Co., the South Korean unit of General Motors Co., on Wednesday reached a tentative agreement on this year's wage negotiations after 17 rounds of talks, the union said.

The agreement includes a 92,000 won (US$62.16) monthly base wage hike and a comprehensive bonus package totaling 15 million won per worker.

The agreement also reportedly includes GM Korea's commitment to working toward finalizing a plan to assign new vehicle models to its South Korean plants by the third quarter of next year.

The tentative agreement will be put to a two-day vote by union members starting Monday.

Unionized workers staged a four-hour walkout across all shifts Tuesday, following a two-day partial strike last week, as wage negotiations remained deadlocked.

This photo, provided by the union of GM Korea Co., the South Korean unit of General Motors Co., on July 22, 2026, shows wage negotiations. (PHOTO NOT FOR SALE) (Yonhap)

khj@yna.co.kr
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