Breadcrumb Home Business and Finance Executives Pay Pay Fiat, Ferrari workers to get 11% pay rise over two years Automakers Stellantis CEO Tavares' 2022 pay fell 14% Pay Toyota, Honda offer workers biggest pay hikes in decades Pay Renault will offer workers 7.5% pay increase Automakers VW agrees to 8.5% pay hike, less than inflation Suppliers UK's Britishvolt secures short-term funding Subscription Required Automakers Subaru struggles to compete with McDonald's on wages as U.S. inflation bites Automakers Italian unions want 6.5% pay increase from Stellantis, Ferrari, report says Automakers Stellantis offers French workers bonus payment for inflation; to discuss one in Italy Automakers Renault offers workers 1,000 euros to cope with inflation, report says Load More Sign up for free newsletters Europe Breaking News Alerts (as needed) Europe Daily Summary (weekdays) The Long Read (monthly) Interview of the Month (monthly) Focus on Technology (monthly) Focus on Electrification (monthly) Supplier Spotlight (monthly) Cars & Concepts (monthly) Segment Analysis (monthly) Europe By The Numbers (monthly) EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please verify captcha. Please select at least one newsletter to subscribe. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.