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Toyota Grants Largest Pay Increase to Factory Workers in 25 Years
By Óscar Goytia - Wed, 03/13/2024 - 15:58
Toyota has agreed to grant its factory workers the most substantial pay increase in a quarter-century
https://mexicobusiness.news/tag/inflation
More Automotive
Mexican Government Transition Sparks Uncertainty in Auto Sector
By Óscar Goytia - Tue, 03/12/2024 - 17:39
The Mexican auto industry gears up for government transition, navigating uncertainties and engaging in policy dialogues for a stable future.
New Vehicle Sales Grew 22.1% in 1H23
By Eliza Galeana - Thu, 07/06/2023 - 10:13
In 1H23, new car sales grew 22.1% compared to 2022. Nissan, GM and Volkswagen led the Mexican market during this period.
In the Auto Sector — and Elsewhere — Uncertainty Will Prevail
By Guillermo Prieto Treviño - Wed, 07/05/2023 - 16:00
If the domestic market continues to follow differing interests, we will not reach our significant growth potential, writes Guillermo Prieto Treviño.
Automotive Exports Drop 10% in April
By Eliza Galeana - Tue, 05/30/2023 - 15:38
Due to the uncertainty of the recession situation in the US, Mexican automotive exports fell 10.79% in April.
Another Year of Uncertainty?
By Guillermo Prieto Treviño - Tue, 04/11/2023 - 09:00
From politics to the economy, many variables are causing consumers to be cautious, impacting light-vehicle sales, writes Guillermo Prieto Treviño.
GM Agrees to 10% Wage Raise at Silao Assembly Plant
By Rodrigo Andrade - Tue, 03/21/2023 - 11:20
The automaker and union representatives worked out a 10% salary increase at the Silao assembly plant.
Automotive Fuels: Giving Coherence to Public Policies
By Fluvio Ruiz Alarcón - Thu, 03/09/2023 - 15:00
The national policy for gas subsidies contradicts the government’s goals on refining and fighting poverty and inequality, writes Fluvio Ruiz Alarcon.
Mexican Domestic Auto Market Posts Growth
By Guillermo Rosales - Thu, 02/16/2023 - 12:00
While still under pre-pandemic levels, Mexico’s domestic auto market is expected to see positive growth in 2023, writes Guillermo Rosales Zarate.
Looking at the Near Future and What it May Hold
By Guillermo Prieto Treviño - Mon, 12/19/2022 - 13:00
The short-term outlook for the auto sector is for a moderate recovery with a more encouraging mid- to long-term view, writes Guillermo Prieto Treviño.