Mexico Auto Union

MEXICO CITY (AP) -- Mexican auto unions are taking a cue from U.S. labor leaders by offering two-tier hiring schemes and salary cuts that bring already low wages down to near-Chinese levels. As more automakers turn to Mexico , a big... [more]

MEXICO CITY (AP) -- Mexican auto unions are taking a cue from U.S. labor leaders by offering two-tier hiring schemes and salary cuts that bring already low wages down to near-Chinese levels.
As more automakers turn to Mexico , a big argument for the North American Free Trade Agreement in 1993 -- that Mexico 's low wage rates would slowly rise to close the gap with U.S. wages -- seems to have been thrown in reverse.