Honda To Boost Base Wages 11% for Many U.S. Factory Workers Following UAW Gains in Detroit - WSJ

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Hyundai to raise hourly pay 25% by 2028 following UAW deal

November 14, 2023 2:19 PM EST

Korean automaker, Hyundai Motor announced Monday that the company will raise wages for nonunion production workers at its Alabama factory by 25% by 2028. The announcement comes weeks after the United Auto Workers (UAW) union won substantial concessions from the Detroit Three.

Hyundai follows Toyota Motor (NYSE:... More

Honda (HMC) offers U.S. workers 11% raise following UAW win

November 10, 2023 10:40 AM EST

The Wall Street Journal reports Friday morning that Japanese automaker, Honda Motor (NYSE: HMC) is offering many U.S. factory workers an 11% pay increase, as-well-as making other improvements.

The move comes after the United Auto Workers (UAW) union won major concessions from the Detroit... More