Stellantis, Daimler Truck agree with Mexico union on pay raise of about 9%

Adient

21/03/2023 21:06

MEXICO CITY, March 21 (Reuters) - Automakers Stellantis
and a Mexican unit of Daimler Truck have reached deals with one
of Mexico's biggest unions to raise wages this year around 9%,
labor authorities said on Tuesday.
   The increases, as well as similar raises at three auto parts
suppliers, apply to more than 24,000 workers in northern and
central Mexico, the Federal Center for Labor Conciliation and
Registration (CFCRL) said in a statement. 
    They are represented by a union that is part of the
Confederation of Mexican Workers (CTM), one of Mexico's largest
and oldest labor groups.
    Stellantis  STLAM.MI , with more than 15,000 unionized
workers across five plants in Coahuila state and three in the
State of Mexico, agreed to raise wages 9%. 
    Daimler Vehiculos Comerciales Mexico, which makes trucks,
tractors and buses, agreed to an 8.82% pay increase for 6,440
workers at its Coahuila plant. The company is part of Daimler
Truck, which was spun off from Mercedes-Benz Group.
    Auto parts producers Adient Mexico Automotriz, part of
Adient Plc  ADNT.N , and Pinturas y Ensambles de Mexico reached
deals for 9.5% pay increases, while Android de Mexico agreed to
8%. 
    The CTM union reached pay agreements without setting worker
strike deadlines, the CFCRL said. 
    Labor groups in Mexico have been fighting to lift wages
above inflation and recover lost purchasing power, including
independent unions that secured increases for 10% at General
Motors, 9.4% at Audi and 9% at Nissan Motor Co Ltd.

 (Reporting by Daina Beth Solomon; Writing by Carolina Pulice;
Editing by David Gregorio)
 ((Carolina.Pulice@thomsonreuters.com;))