The strike that shut down four Honda plants in China has been resolved after workers at a parts production factory accepted a wage hike proposed by the company. Some 1,850 workers at Honda Auto Parts Manufacturing, Co. left the building in attempt to win a pay raise of 1,500 yuan ($219 U.S.) per month. The lack of engine and transmission parts that they stopped making then shut down three of Honda's vehicle assembly plants in China, a serious issue for an automaker working to raise its sales volume in the country and already operating at close to capacity.

[Source: Wall Street Journal]

Share This Photo X