Unionized workers at Volkswagen AG’s Puebla, Mexico, plant are threatening to strike if a new contract isn’t reached by today’s deadline. The 9,800 hourly employees reportedly are asking for a 13.6% pay raise, which is considerably higher than the average 5%-7% increase most Mexican unions seek. However, Puebla workers agreed Aug. 8 to reduce their workweek from five days to four in an effort to save jobs. VW said last month it would reduce production at Puebla by 23% due to low demand ...

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