Toyota to Hike Pay for US Hourly Workers After UAW-Detroit Deals

Toyota Motor Corp. is raising wages for assembly workers in the US after its Detroit carmaking rivals reached tentative deals with their union to boost pay.

The Japanese auto giant plans to increase the highest wage for most assembly line workers by 9.2% to $34.80 an hour as of Jan. 1, a person familiar with the matter said Wednesday.

The move by Toyota follows major compensation gains negotiated by the United Auto Workers union on behalf of hourly workers it represents at plants in the US run by General Motors Co., Ford Motor Co. and Stellantis NV. Workers ...