General Motors hourly employees receiving record-breaking profit-sharing checks
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
UAW members at GM could get up to $14,500 in profit-sharing checks
GM saw gains in its pretax profits for North America last year that pushes profit-sharing checks for UAW workers to a record level.
UAW workers to see record profit-sharing checks as GM reports better-than-expected 2024 profit
General Motors Co. lost $2.96 billion in the fourth quarter after a $4 billion charge for restructuring its struggling business in China, but it logged record full-year adjusted profits globally and in North America.
GM Announces Record Profit-Sharing Checks of Up to $14,500 for Workers Amid Financial Ups and Downs
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.
General Motors announces record profit-sharing bonus amid workforce cuts
GM announced a record-setting profit-sharing bonus for workers. The profit-sharing amount is much larger than in the past two years, amid workforce cuts. Scott Bessent confirmed as Treasury secretary, giving him a key role in extending Trump's tax cuts
GM profit-sharing checks hit new record with worker payouts up to $14,500
General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks.
GM Hourly Workers Earn Huge Profit-Sharing Payouts
About 48,000 eligible employees at General Motors are in line for record-high profit-sharing checks following today’s release of the company’s financial results. Hourly workers could take home up to $14,
Hosted on MSN3h
Only 1 of the Detroit 3 doesn’t import any vehicles from China
What U.S. vehicles are built in China? There has been much handwringing over whether Chinese automakers should be allowed ...
GM job salaried cuts continue, could run through February, in new performance evaluations
Some GM salaried workers are being let go as the company continues to use a new evaluation program that weeds out poor ...
Why GM shares drop around tariff uncertainty, despite Wall Street beat
Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance ...
GM stock falls even as company beats analyst expectations on earnings
While investors will be watching GM’s quarterly results, they will also be focused on its guidance for 2025 and any changes ...
Crain's Detroit2d
Piston Automotive gets state grant for $55M hydrogen plant in Detroit
Piston Automotive LLC won a state grant Tuesday for a planned $55 million hydrogen fuel cell plant in Detroit supplying ...
GM results aren't enough for investors, shares skid 9% on tariff worries
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, ...
DBusiness Magazine1d
General Motors Posts Record Profit of $14.9B in 2024
General Motors Co. in Detroit today reported record 2024 profits of $14.9 billion, up 21 percent over 2023. The automaker did ...
American Axle's latest acquisition highlights its long rise from near death
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, continues its growth.