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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.
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.
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.
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,
1d
GM CEO Mary Barra: If EV demand lessens, we’d ‘happily’ ramp up gas vehicle production
GM CEO Mary Barra said the company will follow consumer demand when it comes to EV vs. internal combustion engine production.
2d
on MSN
GM CEO Mary Barra: I've talked to President Trump about tariffs
Shares of GM are down 8% since Nov. 25 as Trump ratcheted up his views on tariffs. Ford's stock is off by 8.7%. Tesla's ( ...
2d
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 ...
2d
on MSN
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 GM.
1d
on MSN
GM 2024 bonus checks will be higher than 2023 for some salaried workers: How formula works
An internal document obtained by the Free Press reveals how much more GM will pay out in bonuses to its salaried workforce ...
devdiscourse
2d
GM CEO Mary Barra on Strategic Moves Amid Tariffs and Growth Prospects
In a CNBC interview, GM CEO Mary Barra discussed her conversation with the President, the company's strategic plans for ...
Stocktwits on MSN
2d
GM Sparks Retail Optimism With 2025 Outlook And Q4 Beat, But Stock Tumbles After CEO Barra Flags Trump Tariff Risk
Shares of General Motors Co. plunged nearly 10% on Tuesday morning, set for their steepest decline since March 2020, as CEO ...
cbtnews
2d
GM exceeds Q4 expectations with strong revenue and bold 2025 forecast
GM surpassed Wall Street expectations for fourth-quarter revenue and earnings, reporting adjusted earnings per share of $1.92 ...
devdiscourse
7h
GM's Super Cruise: Paving the Road to Hands-Free Driving Success
General Motors is focusing on its Super Cruise driver assistance technology to boost revenue, predicting $2 billion annually within five years. This technology, similar to Tesla's Autopilot, enables ...
1d
on MSN
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for ...
1d
GM expects to save $1B by shutting down Cruise robotaxi
For the year, GM reported net income of $6 billion, a 41% drop from a year ago. The automaker reported a $3 billion income ...
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