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.
General Motors is set to report earnings before the bell. Here's what Wall Street expects
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.
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.
DBusiness Magazine1h
General Motors Posts Record Profit of $14.9B in 2024
General Motors Co. in Detroit today reported record 2024 profits of $14.9 billion, up 21 percent over 2023. The automaker did so with $187 billion in revenue last year, a 9 percent increase over year prior.
Auto supplier Piston Automotive to create 144 jobs at old State Fairgrounds in Detroit
The plant will manufacture hydrogen fuel cells and its new jobs are expected to pay the equivalent of about $85,000 a year.
GM Workers to see receive record level profit-sharing checks
In 2025 GM will be offering three new Cadillac EVs, the Escalade IQ, Optiq, Vistiq. Barra also said the automaker will see the full-year results of impact of new gas-powered SUVs launched in 2024, which includes the Chevy Equinox, Chevy Traverse and GMC Acadia.
Crain's Detroit12h
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 job salaried cuts continue, could run through February, in new performance evaluations
Some GM salaried workers are being let go as the company continues to use a new evaluation program that weeds out poor performers.
Crain's Detroit8h
Piston Automotive gets state grant for $55M hydrogen plant in Detroit
Piston Automotive LLC won a state grant Tuesday for a planned $55 million hydrogen fuel cell plant in Detroit supplying General Motors Co.
GM results top Wall Street targets; shares slump as tariff threat looms
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.
GM results top Wall Street targets, boosted by gas-powered trucks and SUVs
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations as the U.S. automaker continued to see strong consumer demand
GM results aren't enough for investors, shares skid 10% on tariff worries
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations as the U.S. automaker continued to see strong consumer demand for its pricey gasoline-powered trucks and SUVs.