Toyota to raise monthly wages by over 1,300 yen in coming year - media

Newswire

TOKYO, March 14 (Reuters) - Toyota Motor Corp is set to raise base monthly salaries by more than 1,300 yen ($12.18) for the year beginning April, local media reported, which would mark the fifth straight year the automaker lifted workers' pay. However, the increase is less than the 3,000 yen demanded by its union. Toyota, considered a bellwether in the country's annual wage negotiations, will announce the figures later on Wednesday. A Toyota spokeswoman declined ...

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