TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%
TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%
TSLA311.2102.36%
GM88.8600.46%
F14.680-0.18%
RIVN15.220-1.61%
CYD47.160-1.16%
HMC30.110-0.61%
TM188.990-2.46%
CVNA62.3600.92%
PAG217.310-3.3%
LAD385.420-19.61%
AN212.400-2.25%
GPI286.770-9.94%
ABG231.700-1.44%
SAH91.580-8.76%

Hyundai follows Honda, Toyota in raising worker pay

Hyundai has announced plans to boost worker pay in the U.S. in response to record-setting contracts won by the United Auto Workers union
Hyundai has announced plans to boost worker pay in the U.S. in response to record-setting contracts won by the United Auto Workers union.

Hyundai plans to increase employee wages in the U.S., following in the footsteps of Honda and Toyota as non-unionized automakers respond to the United Auto Workers strike.

The South Korean automaker announced Monday it would boost hourly pay by 25% over the next four years. Currently, the company operates only one facility in the U.S., located in Alabama, which employs roughly 4,000 team members. However, another Hyundai facility is under construction in Georiga, where future workers are expected to receive the same wage increases as their colleagues across state lines.

In a statement, Hyundai explained that its decision to boost pay would help the company “remain competitive and….recruit and retain top talent” in the U.S. Shortly after the end of the United Auto Workers strike, which won record-breaking raises for employees across Detroit-Three factories, Toyota similarly announced it would also implement wage hikes to remain competitive with its peers in North America. Honda followed suit roughly one week later. Although the pay increases included in the UAW’s contracts boost wages by 25%, combined with improved benefits packages and cost-of-living adjustments, the effective increase is actually closer to 33%. So far, the wage hikes promised at Honda, Toyota, and Hyundai remain below this rate.

United Auto Workers chief Shawn Fain has promised to focus on non-unionized automakers in the aftermath of its strike against the Detroit-Three. “One of our biggest goals coming out of this historic contract victory is to organize like we’ve never organized before,” he commented during a recent video livestream. “When we return to the bargaining table in 2028, it won’t just be with the Big Three, but with the Big Five or Big Six.” The union faces an uphill battle if it hopes to attract membership from employers such as Honda, Toyota, and Hyundai. Many of the facilities operated by the three brands are located in the southern U.S., where right-to-work laws, rules exempting employees from paying union dues, are broadly enforced.

Read More
More from Articles
GM to develop AI assistant to deliver deeper vehicle integration

GM to develop AI assistant to deliver deeper vehicle integration

- July 31, 2026
On the Dash:  GM’s upcoming AI assistant will move beyond basic voice commands by using vehicle-specific data and telematics. AI features will become a larger part of the customer ownership...
Comcast Advertising and Clarivoy extend partnership on TV and streaming ad attribution for automotive retailers

Comcast Advertising and Clarivoy extend partnership on TV and streaming ad attribution for automotive retailers

- July 31, 2026
COLUMBUS, Ohio, July 29, 2026 /PRNewswire/ -- Clarivoy today announced a multi-year extension of its partnership with Comcast Advertising, further strengthening the companies' shared commitment to bringing transparent, outcome-based measurement to automotive advertising. The...
The EV mandate is over. They forgot to mention California

The EV mandate is over. They forgot to mention California

- July 31, 2026
You probably thought the EV mandate was over. So did I. Washington certainly acted like it was. Congress celebrated. The White House touted what it called one of the largest deregulatory...
Ford prepares for Chinese automakers to enter U.S. market within a decade, Farley says

Ford prepares for Chinese automakers to enter U.S. market within a decade, Farley says

- July 31, 2026
On the Dash: Ford is accelerating development of affordable EVs to compete with Chinese automakers. Chinese brands continue expanding globally, increasing competitive pressure in Europe and North America. Current U.S....
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.