Pay Hike Averts VW Strike in Mexico
Volkswagen AG has sidestepped a strike at its giant assembly complex in Puebla, Mexico, with a pay hike and richer benefits, Reuters reports.
#labor
Volkswagen AG has sidestepped a strike at its giant assembly complex in Puebla, Mexico, with a pay hike and richer benefits, Reuters reports.
The plant’s union, SITIAVW, says VW agreed to raise workers 5.5% this year and another 2% plus inflation in 2019. The carmaker also will pay 1% more into a worker saving fund and increase food allowance vouchers.
Last August VW agreed to a one-deal contract that included a 5% pay hike and 1.5% increase in benefits.
The agreement concludes two weeks of negotiations, according to SITIAVW. The Puebla plant makes Beetle coupes, Golf hatchbacks, Jetta sedans, Tiguan Allspace crossover vehicles and Jetta sedans.
RELATED CONTENT
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec