Strike halts Hyundai exports

A partial strike by Hyundai assembly workers in South Korea has forced the automaker to suspend vehicle exports, the automaker said today. "Exports have stopped," Hyundai spokesman Oles Gadacz said. Luckily, the automaker has about three month's worth of vehicle inventory already shipped overseas, so no supply disruption will happen in the immediate future. The strike has so far cost the company 78,616 vehicles in lost production worth 1.08 trillion won ($1.13 billion). Workers are seeking higher wages and better working conditions.