Car production rose 22.8 percent in October from the previous month after strikes at Hyundai Motor and its affiliate Kia ended after two weeks.
Hyundai, South Korea’s largest automaker, estimates a two-week strike by unionized workers that began on Aug. 25 cost 591 billion won in lost production. Kia estimates a strike that began on Aug. 29 and lasted about two weeks caused the company to forgo output worth 427 billion won.