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Carmaker Hyundai facing strike vote

13 August 2013 Last updated at 03:45 BST

Union members at South Korean carmaker Hyundai are preparing to vote on whether they should go on strike.

Management and the union have failed to reach an agreement on wages and other benefits.

The last time that Hyundai staff went on strike in 2012 it cost the company nearly $1.5bn in lost production.

The latest dispute comes at a time when Hyundai is already finding it tough to meet demand from key markets.

Vivek Vaidya from Frost & Sullivan talks about the challenges facing Hyundai.

Watch more clips at Asia Business Report's website

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