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 Workers at Hyundai Motor Group pledged more strikes as the two carmakers and their biggest supplier finalized a $10 billion purchase of plum real estate in Seoul for a new headquarters.

The boards of Hyundai Motor Co., partner Kia Motors Corp. and group parts supplier Hyundai Mobis Co. signed off on the land deal earlier today, divvying the mammoth costs among them.

Hyundai Motor will foot 55 percent of the 10.55 trillion won charge, Kia will pay 20 percent and Mobis will pick up the rest, the companies said in a regulatory filing.



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Unions Plan More Strikes Over Hyundai HQ Purchase - Money Should Be In Their Pocket

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