Johannesburg - Automobile employer's organisation Ameo presented trade union Numsa with an “extremely favourable” wage increase offer, it said on Friday.
“The details of said proposal cannot be made public before Numsa has discussed it with their members, but Ameo can confirm that it is the most favourable proposal ever made in the history of collective bargaining in the automotive industry,” Automobile Manufacturers Employers' Organisation chairman Thapelo Molapo said in a statement.
The organisation, which represents all South African vehicle manufacturers, made its offer to the National Union of Metalworkers of SA during talks on Thursday.
Ameo believed that, given current economic conditions, it was the best settlement proposal available. It hoped the offer would lead to labour stability and contribute to economic growth.
About 31,000 Numsa-aligned workers downed tools on Monday after pay talks deadlocked last month. The workers wanted a 14 percent across-the-board wage increase, a R750 monthly housing subsidy and R125 weekly transport allowance.
Spokesman Castro Ngobese said the revised offer would be presented to Numsa members on Friday and over the weekend at meetings at plants in Pretoria, Durban, Port Elizabeth, and East London.