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Toyota Motor Corporation Message Board

  • personality_less personality_less Feb 19, 2014 7:55 AM Flag

    This is NOT good news for toyoDUH...

    Toyota Motor Corp., Japan’s largest manufacturer and employer, said the wage increases labor unions have demanded going into annual negotiations this year were “surprisingly high.”

    The carmaker will wait until the negotiations are finished before saying whether it will agree to the requests, Senior Managing Officer Naoki Miyazaki told reporters today in Toyota City, Japan. He said improvement in Japan’s economy and the need to boost personal spending will be considered in the talks.

    Sentiment: Strong Sell

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