Volkswagen Joins Automakers Raising U.S. Factory Worker Wages
The 11% pay increase follows significant wage hikes by other automakers in the wake of UAW's successful negotiations with the Detroit Three.
- Volkswagen has announced an 11% pay increase for production workers at its Chattanooga assembly plant in Tennessee, effective from December.
- The wage hike follows significant pay and benefit increases won by the United Auto Workers (UAW) union from the Detroit Three automakers.
- Other non-union automakers in the U.S., including Honda, Toyota, and Hyundai, have also raised wages for their U.S. factory workers in recent weeks.
- Hyundai has announced a 25% increase over the next four years for non-union production workers in Alabama and Georgia.
- Despite the trend, Tesla, which enjoys an operating profit advantage over other automakers, has not announced any salary hikes in the U.S.