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As a result of General Motors' yearly gains in profits, about 45,000 U.S. hourly workers will receive a record-setting profit-sharing check. GM said Tuesday that the 2024 pretax payout for its UAW ...
GM’s hourly workers will receive their largest profit-sharing checks in history, amounting to $12,750 per worker, during February 2023, according to financial information released on January 31 ...
General Motors Co. will deliver record profit-sharing payouts of up to $14,500 this year to about 48,000 eligible hourly workers, according to the company's financial results released Tuesday.
FLINT, MI -- General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks. GM’s announcement came in a letter to shareholders from ...
Its new guidance suggests that the full-year earnings will now top the record profit of 2022. The strong results and guidance sent shares of GM (GM) up 2% in premarket trading. Its shares were ...
GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.
Shares were down 4.4% at $37.58 in mid-day ... costs comes as the automaker's profit margins are under pressure. GM's pre-tax profit margin for the first six months of the year fell to 8.3% ...
TOLEDO, Ohio — General Motors workers are set to receive record profit-sharing $14,500 checks, following a strong financial year for the company. This announcement comes as the auto industry ...
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.