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GM Strike News

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GM Keeps Beating Expectations
General Motors was solidly profitable in 2019 despite facing a number of major headwinds: most notably, a six-week UAW strike in the U.S. GM expects 2020 to be another good year, in spite of weak ...

Published: Feb 12, 2020 @ 09:44:00 AM
Source: Seeking Alpha

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Published: Feb 22, 2020 @ 10:24 AM
Source: Tierra Hosting

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GM to pay salaried workers bigger bonuses despite turbulent 2019
Most of the salaried workers at GM can expect annual bonuses in two weeks that match or exceed the amount they got last year.

Published: Feb 13, 2020 @ 10:17:00 PM
Source: Detroit Free Press

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Buy General Motors Stock Now Despite Near-Term Challenges
The year 2019 was challenging for General Motors (NYSE:). In particular, four weeks of production loss — due to a strike with the United Automobile Workers — in the fourth quarter impacted ...

Published: Feb 20, 2020 @ 02:08:00 AM
Source: Nasdaq

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Peculiar steel beam marks last days at GM's Detroit-Hamtramck plant
A look at GM exiting internal combustion engine car production at its Detroit-Hamtramck plant to build all-electric. Here's the last car on the line.

Published: Feb 21, 2020 @ 07:40:00 PM
Source: Detroit Free Press

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General Motors to wind down Australia, NZ operations, sell Thai plant to Great Wall
General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand ...

Published: Feb 16, 2020 @ 05:43:00 PM
Source: YAHOO!

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Magna Q4 earnings slip on GM strike, technology costs
TORONTO — Canadian parts giant Magna International Inc. on Friday said fourth-quarter net income in 2019 dipped 3.5 percent to $440 million due in large part to last year’s 40-day strike at General ...

Published: Feb 21, 2020 @ 02:49:00 AM
Source: Automotive News

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General Motors receives 75 percent local tax abatement for Lordstown battery plant
The closures were ratified by a sellout contract engineered behind closed doors with the United Auto Workers, which was forced through after the 40-day strike last year by nearly 50,000 GM workers. In ...

Published: Feb 21, 2020 @ 06:37:00 PM
Source: World Socialist Web Site

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Tenneco Q4 profits, revenue pressured by GM strike
Tenneco Inc. took an $88 million hit to its fourth-quarter revenue as a result of the UAW strike at General Motors, the supplier reported Thursday. The company also faces a first-quarter headwind from ...

Published: Feb 20, 2020 @ 01:53:00 AM
Source: Automotive News

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Here are GM’s plans to make the GMC Hummer pickup a top seller
... comments came during an investor day event following GM’s fourth-quarter and year-end earnings results in which GM reported a significant hit in 2019 due to slowing sales in overseas markets and ...

Published: Feb 11, 2020 @ 05:13:00 AM
Source: Chicago Tribune

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GM turns full-year profit despite strike, slumping sales
DETROIT (AP) — Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money last year. The company posted a $6.58 billion profit for the year, ...

Published: Feb 13, 2020 @ 12:24:00 AM
Source: YAHOO!

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GM workers in Lansing oppose forced overtime, UAW treachery
In the aftermath of the United Auto Workers’ betrayal of last fall’s 40-day strike, General Motors is forcing workers throughout the country to work overtime. Over a half-dozen facilities in Michigan ...

Published: Feb 19, 2020 @ 08:07:00 PM
Source: World Socialist Web Site

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General Motors Giving Salaried Workers Higher Annual Bonuses This Year
“When GM wins, all of our team members win.” Another GM source said the increased bonuses come as a relief to many white-collar GM workers, who were worried the 40-day UAW strike would have an impact ...

Published: Feb 14, 2020 @ 01:40:00 PM
Source: GM Authority

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