Honda to Raise Wages for Striking Workers at Chinese Factory

Honda Motor Co., Japan’s second- biggest automaker, will raise workers’ monthly wages after a parts factory strike shut down almost all Chinese production.

The workers will receive a 24 percent pay increase to 1,910 yuan ($280 dollars) per month, the Tokyo-based company said in a faxed statement today. Most workers have accepted the offer, while talks continue with those who are unsatisfied, Honda said.

Production at all four Honda car factories in the country will remain suspended through at least June 2, with plans beyond that date to be decided tomorrow, the company said in a separate statement. Production of manual transmissions at the parts plant resumed today.

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- Posted: 2010-05-31 12:01:56

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