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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.
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,
7h
Why GM stock has gotten hit hard on earnings
GM repurchased more than $7 billion in stock in 2024 and more than $11 billion in 2023. Repurchases have played a key role in ...
15h
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 ...
1d
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 ...
GM Authority
6h
GM Expects This EV Wholesale Target In 2025
GM continues to grow is all-electric vehicle business, recently setting its sights on an ambitious wholesale electric vehicle ...
StockStory.org on MSN
1d
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 ...
TopSpeed
6h
The Story Behind GM’s Most Powerful Small Block V8 Ever Produced
GM has built dynamite small-block V-8s for generations, but they blew up the platform with the supercharged LT5.
GM Authority
6h
Here’s How Many GM Super Cruise Customers Pay To Keep It
GM has identified how many Super Cruise customers opt to pay for the semi-autonomous driver assist system after the initial prepaid period has come to an end.
1d
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 ...
1d
General Motors (GM) Q4 2024 Earnings Call Transcript
Good morning, and welcome to the General Motors Company fourth-quarter and calendar-year 2024 earnings conference call.
2d
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 ...
1d
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 ...
20h
GM Posts Quarterly Loss, Makes Plans for Potential Tariffs
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker ...
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