Automobile Industry

After Maruti Suzuki, Hyundai Motor India hikes wages by 45 per cent

MUMBAI: Close on the heels of the Maruti Suzuki's historic 50% hike in wages for its Gurgaon plant workers, Hyundai Motor India, the country's number two car maker on 16-10-2012 signed its wage settlement agreement, hiking wages by a significant 45%, applicable for three years, over the last settlement in 2009 setting the trend for higher wages to automotive plant workers in the country even as the industry is grappling with a slow down.

Maruti Suzuki to hire 1,900 employees:2012

INDIA: Largest car-maker Maruti Suzuki today said it will be adding around 1,900 employees to its workforce this year, out of which around 900 will be for engineering and management divisions.

"We have already hired around 200 employees so far this fiscal and the plan is to hire 900 personnel on the engineering and management side apart from around 1,000 technicians on the shop-floor, taking the total hiring to around 1,900 this year," Maruti Suzuki Chief Operating Officer (administration) S Y Siddiqui said here.

The current headcount in Maruti stands at around 9,350, including the 200 employees it hired since the beginning of 2012 fiscal year.

Mobis Supplier of spare parts to Hyundai cars suspended workers as they joined in AIADMK.

Chennai, Sep - 2012: Unlike other automobile companies where supply of spare parts is managed by the vehicle maker itself, Hyundai's spares business is under sister concern Mobis.

Almost its entire staff, nearly 300+ contract workers, were suspended overnight from service by the Mobis management after they joined an AIADMK (All India Anna Dravida Munnetra Kazhagam) for the purpose of signing up for a trade union.