Reuters
Subaru to raise US wages after UAW deals with Detroit Three -CEO
LOS ANGELES (Reuters) -Subaru will raise the wages of its U.S. plant workers in light of recent labor deals reached by the Detroit Three automakers and United Auto Workers (UAW), the Japanese automaker’s CEO, Atsushi Osaki, told Reuters on Thursday. The amount of the raises for workers at Subaru’s assembly plant in Lafayette, Indiana, has yet to be determined but will be in line with industry levels after the UAW deals with General Motors, Ford and Chrysler parent Stellantis, Osaki said through an interpreter at the Los Angeles auto show. The Detroit Three’s union contracts will mean wage increases of 25% through 2028, which will amount to 33% when expected cost-of-living adjustments are factored in.