Hyundai Motor (005380) confirmed in a filing on September 2 that it has resumed production at its Ulsan plant and every other Korean site, closing out the labor stoppage the company first disclosed on August 24, after its collective-bargaining talks were finally settled.
The affected operations carried KRW 78.77 trillion of FY2025 parent-only revenue, or 42.29% of FY2025 consolidated revenue — the same scale Hyundai disclosed when it halted production. The filing's decision date is defined as the day labor talks concluded; fields for a specific resumption date and a quantified production impact are both left blank.
The filing recaps a summer of partial stoppages: two-hour halts on July 13, 14 and 15, a full eight-hour strike on August 21, and the full plant-wide suspension disclosed August 24. Korean press had reported a tentative wage settlement around August 25, though this is the first formal confirmation that assembly lines are running again.
The halted operations' KRW 78.77 trillion revenue base exceeds Hyundai Motor's own KRW 77.40 trillion market capitalization.
77.40 trillion won market cap.
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| Symbol | Last Price |
|---|---|
| 005380HYUNDAI MOTOR CO | ₩383,500 +0.0% |