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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
General Motors workers to receive record profit-sharing checks as EV production uncertain under Trump
General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.
GM announces record profit-sharing bonus for workers
In a letter to its shareholders on Tuesday, GM announced their successful 2024 would produce a record-setting profit-sharing bonus of up to $14,500, worth two months' of extra pay for its workers.
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.
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.
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,
2d
on MSN
General Motors CEO flags growing industry threats
"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 ...
Supercars Championship
20h
General Motors responds to Triple Eight Ford announcement
General Motors has responded to Triple Eight Race Engineering's decision to switch to Ford in 2026, in a switch that has made ...
The Manual on MSN
2d
The C8 ZR1 is the fastest Corvette in General Motors’ history, and it isn’t close
How fast is it? When outfitted with the optional ZTK Performance Package that adds a high-downforce rear wing, stiffer ...
4d
General Motors Q4 results on deck: Analysts expect double-digit profit growth, tariff talks in focus
General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts ...
3d
General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
3d
on MSN
Why General Motors Stock Is Sinking After Its Earnings Beat
General Motors stock is moving sharply lower Tuesday even after the automaker reported a fourth-quarter earnings beat. Here's ...
AutoGuide on MSN
2d
General Motors Has A 6.2-Liter Headache
The National Highway Traffic Safety Administration (NHTSA) is investigating reports of defects with GM's 6.2-liter L87 V8 ...
2d
General Motors: Strong Revenue with Margin Concerns and External Uncertainties Justifying Hold Rating
Morgan Stanley analyst Adam Jonas maintained a Hold rating on General Motors (GM – Research Report) yesterday and set a price target of ...
5d
on MSN
General Motors Stock Has One Major Drawback
In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford ...
3d
on MSN
General Motors swings to fourth quarter loss on charges related to China, but tops expectations
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue ...
StockStory.org on MSN
3d
Why General Motors (GM) Shares Are Getting Obliterated Today
Shares of automotive manufacturer General Motors (NYSE:GM) fell 11.1% in the afternoon session after the company reported ...
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