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Forbes · 20h
GM Reveals $1.1 Billion Labor Strike Hit, Reinstates Earnings Guidance
GM is reinstating its earnings guidance, accelerating a stock buyback program and addressing issues with Cruise and EV battery production following labor disruptions.
The Messenger on MSN · 19h
GM Says Labor Contracts With Autoworkers Will Cost $9.3 Billion, Announces $10 Billion Stock Buyback
General Motors on Wednesday said its new labor contracts with American and Canadian autoworkers will cost $9.3 billion over the life of the separate agreements, even as it announced a $10 billion share buyback program and a 33% dividend hike.
Yahoo Finance · 21h
GM says pretax earnings took $1.1B hit from autoworkers strike, but says it can absorb costs of deal
General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend.
The Boston Globe · 10h
GM says it can handle rising labor costs as it announces huge share buyback and dividend increase
Due to $2 billion worth of annual efficiency gains and cost reductions expected by the end of next year, the company said it can can handle $9.3 billion in labor cost increases from US and Canadian union contracts through April of 2028.
Chicago Tribune · 15h
Autoworker strike cost General Motors $1.1 billion
GM, as well as rivals Ford and Jeep maker Stellantis, agreed to new contracts with the UAW that raise top assembly plant worker pay by about 33% by the time the deals expire in April of 2028.
The Globe and Mail · 16h
Autoworker strike cost GM $1.1B, which it says it can absorb as it announces massive stock buyback
Real-time index price for Nasdaq Bank Index (BANK), along with buy or sell indicators, analysis, charts, historical performance, news and more
Columbus Dispatch23d
Unifor members ratify deal with Stellantis, ending Detroit 3 bargaining in Canada
Autoworkers in Canada now have a new contract with Stellantis, too. Unifor, the union representing those workers, announced ...
Hosted on MSN1mon
Canadian autoworkers ratify new contract with GM, leaving only Stellantis without deal
TORONTO — Canadian autoworkers have voted to ratify a three-year contract agreement with General Motors. Members of Unifor, the union representing about 4,300 Canadian workers at three Ontario ...
12don MSN
Ford union workers ratify UAW deal, closing out historic negotiations with Detroit automakers
A majority of Ford facilities overwhelmingly approved the deal, which, like those with GM and Stellantis, includes at least ...
AOL1mon
Autoworkers in Canada OK deal with GM
Autoworkers in Canada ratified a new labor contract Sunday with General Motors, averting a resumption of a strike that had lasted about 13 hours on Tuesday. Members of Unifor, the Canadian union ...
ABC News28d
UAW members at the first Ford plant to go on strike vote to approve new contract
Members at the Michigan Assembly Plant voted 81% in favor of the deal. DETROIT -- Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract ...
CNBC1mon
Canadian auto union reaches deal with Stellantis after brief labor strike
Canadian union Unifor and Stellantis have reached a tentative agreement Monday morning. The deal ended a brief strike that began after a deal wasn't reached by 11:59 p.m. Sunday. The Unifor ...
Detroit News1mon
Ford workers to decide on UAW deal with battery-plant pathway
Taylor — Some 56,000 rank-and-file United Auto Workers members employed by Ford Motor Co. now have the decision of whether to ratify an agreement that would provide a pathway for battery-plant ...

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