Kia avoids costly strike in Korea
Kia has a vested interest in keeping its plants operational due to unusually low inventory levels. With Japanese automakers struggling to regain their footing following the disruption to industry caused by the Tōhoku earthquake and resulting tsunami, both Hyundai and Kia are determined to make ground on their rivals. Losing production capacity could have significantly hampered those efforts, costing the automakers untold sums.
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