COMPANY NEWS IN BRIEF

SA strike hits output at BMW plantOutput at luxury carmaker BMW's main vehicle assembly plant in South Africa has been hit by a wage strike in the engineering sector by the country's biggest metalworker’s union, a company spokesperson said on Monday."While our associates have been reporting for work, we have lost production since the strike commenced as a number of suppliers to the plant have been affected," Hailey Philander told Reuters.She said production of around 700 vehicles was lost, but gave no further details. The National Union of Metalworkers of South Africa (NUMSA) launched the strike last Tuesday after pay talks with employer bodies reached a deadlock, raising fears the action would spill over and block supplies of parts to make new cars.BMW's plant is at Rosslyn, around 60 kilometres from the commercial city of Johannesburg.On Friday, NUMSA said its members were considering a new proposal to end the strike. On Monday, the union was still collating feedback before making a decision. NUMSA, with around 155,000 members organised in the sector, wants an 8% across-the-board wage hike in the first year, and inflation plus 2% for the second and third years. -Nampa/Reuters

COMPANY NEWS IN BRIEF

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