UPDATE 1-Union reaches deal to end Volkswagen Mexico strike

Newswire

(Adds detail, quote, background) PUEBLA, Mexico, Aug 22 (Reuters) - Management representatives from Volkswagen AG's Mexican subsidiary agreed on Saturday to give workers a small raise, clearing the way to end a strike. Union members, on strike since Tuesday, will return to work later on Saturday, said union official Victor Jaime Cervantes. Volkswagen said in a press release it agreed to give workers a 3 percent raise and a one-time cash payment. Volkswagen is one of Mexico's biggest ...

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