Toyota Motor Corp. is set to resume operations at a key assembly plant in Tianjin, southeast of Beijing, on Monday after settling a labor dispute with an affiliated parts supplier in the city.
The settlement will allow Tianjin Toyoda Gosei Co., a subsidiary of Toyoda Gosei Co., to supply parts to Tianjin FAW Toyota Motor Co. starting Monday, a Toyoda Gosei spokesman said.
Workers agreed on Saturday to accept a proposal from Tianjin Toyoda Gosei management for a 20 percent wage hike from year-earlier levels after failing to win an additional pay raise they had been seeking, the spokesman said.
Instead, management agreed to provide workers with increased allowances for summer heat and for perfect attendance, the spokesman said.