Mexican Media Brands
Labor Deal Ends Latest Auto Strike in South Africa
A month-old strike among auto parts suppliers in South Africa is over.
#labor #workforcedevelopment
Share
A month-old strike among auto parts suppliers in South Africa is over.
Members of the country's National Union of Metalworkers have agreed to a three-year pact that will hike wages at large suppliers by 10% this year and 8% over the following two years, according to BBC News. Smaller suppliers will boost wages by 9% and 8% over the same intervals.
The parts strike followed walkouts by the same union that shut down vehicle assembly lines at BMW, Daimler, Ford, General Motors, Nissan, Toyota and Volkswagen for three weeks beginning Aug. 19. That strike cost the industry an estimated $2 billion, according to the BBC.
RELATED CONTENT
-
UAW to Continue GM Strike Pending Contract Ratification
The United Auto Workers union will continue its walkout at General Motors Co. pending ratification of a new four-year labor agreement by union members next week.
-
EU’s Industry Commissioner: “Diesels Are Finished”
The Volkswagen diesel scandal triggered a “breakthrough moment” among European consumers about clean air that will mean the demise of diesels, says European Union Commissioner Elzbieta Bienkowska.
-
UAW Launches Strike Against GM
As expected, some 48,000 of the United Auto Workers Union members began a strike at midnight Sunday against General Motors Co. facilities in the U.S.