Volkswagen AG’s Mexican unit and its workers reach an agreement to an extension of a strike deadline until next month at VW’s Puebla, Mexico, plant, say reports. The workers originally were scheduled to strike Aug. 18 if their demands for a salary increase were not met. They are asking for a 10.2% raise and a 4% benefit hike. VW, which employs 10,500 union workers at the plant, offered a 3.5% raise, compliant on the condition of a drop in benefits.
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