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Honda reaches settlement with striking Chinese car parts workers

Honda said on Friday it has reached a settlement with striking Chinese car parts workers and production at its four car assembly factories would resume immediately.

By Reuters / June 4, 2010



Tokyo

Honda Motor Co. said on Friday it had reached a settlement with workers demanding more concessions at a strike-hit Chinese car parts plant, and that production would also return to normal at its four car assembly factories immediately.

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Honda spokeswoman Akemi Ando said the undisclosed number of holdouts at the 1,900-strong parts factory agreed to the company's original offer to raise monthly starting salary by 366 yuan for regular workers, and "other concessions" after compromises on both sides.

"We've reached a conclusion, and production will go back to normal," she said.

(Reporting by Chang-Ran Kim; Editing by Paul Tait)