BMW Investment Strike on Labor Woes Hits South Africa: Economy
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For four weeks, Bayerische Motoren Werke AG, the world’s largest maker of luxury vehicles, halted output at its only plant in South Africa as thousands of workers went on strike to demand higher pay.
By the time car assembly and auto-component employees agreed on Oct. 6 to accept a 10 percent wage increase for next year, BMW had lost 13,000 cars in production, missed supply targets on several export contracts and took a decision to stop expansion in South Africa.