"Future Car Industry Changes, Let's Act Proactively" Hyundai Motor Labor and Management Join Forces

The first dedicated electric vehicle Ioniq 5 produced at Hyundai Motor Company's Ulsan plant

[Asia Economy Reporter Choi Dae-yeol] Hyundai Motor Company’s labor and management announced on the 19th that they have launched the 4th External Advisory Committee composed of outside experts to secure future competitiveness and discuss employment stability measures in line with changes in the automotive industry.

The appointment ceremony held at the Ulsan plant was attended by Hyundai Motor CEO Lee Dong-seok, Union Branch Chief Ahn Hyun-ho, Ergonomics CEO Baek Seung-ryeol, and other labor-management officials and advisory committee members.

The 4th advisory committee aims to find reasonable solutions to employee employment issues and crisis management measures amid accelerating changes in the automotive industry such as future mobility and electrification, and increasing internal and external uncertainties. It also serves as a mediator when opinions between labor and management conflict.

Labor and management had previously agreed to form the committee during the 2018 wage negotiations. Both sides agreed on the need to hear objective opinions from external experts regarding employment changes related to the 4th Industrial Revolution and solutions to employment issues. This 4th committee consists of six members who will refine and apply more advanced strategies based on their research achievements so far.

The 4th advisory committee members, appointed through joint recommendations by labor and management, include returning members from the 3rd committee ▲Baek Seung-ryeol (CEO of Ergonomics) ▲Kim Kwang-sik (Ulsan City Livelihood and Labor Special Advisor) ▲Hwang Gi-don (Director of Naeun Tomorrow Research Institute), and newly appointed members ▲Jung Il-bu (Head of Metalworkers Union Industrial Transition Advisory Group) ▲Kwak Sang-shin (Director of Workin Research Institute) ▲Cha Du-won (Director of Cha Du-won Mobility Research Institute).

Hyundai Motor CEO Lee Dong-seok said, "Although we are currently facing numerous uncertainties such as changes in the future automotive industry, I believe that if the external advisory committee members and labor and management pool their wisdom together, we can achieve a new leap forward. Let us seek together what solutions can maintain employment for current employees while surviving amidst change and fierce competition to become a leading company of the future."

This content was produced with the assistance of AI translation services.