MEXICO CITY—U.S. automaker General Motors has agreed a 8.5 percent wage hike with a new, independent union at its pick-up truck plant in the central Mexican city of Silao, labor representatives said on Thursday, one of the highest recent raises in the country’s auto industry.
The deal with union SINTTIA also marks the first major raise since the start of a new trade deal, the United States-Mexico-Canada Agreement (USMCA), which aims to reduce the vast wage gap between U.S. and Mexican workers.
