GM, UAW

GM profit sharing: Here's the record amount UAW members will get for 2024
For every $1 billion GM makes in North America, the automaker's hourly U.S. employees receive $1,000, according to the Detroit automaker's agreement with the United Auto Workers. GM made about $14.258 billion in North America in 2024, up 18% year-over-year.
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 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.
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.
Record Profit Sharing Payout For GM UAW Workers
GM has issued its quarterly letter to shareholders for Q4 of the 2024 calendar year, highlighting a payout up to $14,500 per employee in performance bonuses.
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
UAW workers to see record profit-sharing checks as GM reports better-than-expected 2024 profit
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 workers to receive record setting profit-sharing checks
Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,
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 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,

China, GM

GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United ...
China restructuring hits GM 2024 profits, which beat Wall Street expectations
General Motors Co.'s full year net income was down 41% from 2023 after losing $3 billion in the fourth quarter.
GM Q4 earnings beat estimates as EV business turns the corner, company boosts 2025 profit guidance
General Motors (GM) continued its strong run of quarterly performance last year on Tuesday, with full-year profit that came ...