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 employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance.
Some GM salaried workers are being let go as the company continues to use a new evaluation program that weeds out poor performers.
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.
What U.S. vehicles are built in China? There has been much handwringing over whether Chinese automakers should be allowed other sell cars in the U.S. But many buyers don't know that five 2025 vehicles available at U.
While investors will be watching GM’s quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, but shares fell sharply in trading Tuesday as investors weighed the threat of tariffs that could hit the automaker's business.
Piston Automotive LLC won a state grant Tuesday for a planned $55 million hydrogen fuel cell plant in Detroit supplying General Motors Co.
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 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.
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