GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.

The U.S. Equal Employment Opportunity Commission sues Stellantis, the UAW, and GM, accusing them of discrimination and harassment.

In the final days of the Biden presidency the U.S. Equal Employment Opportunity Commission filed filed a pair of significant anti-discrimination lawsuits.

Plus, electric vehicle startup Canoo has ceased operations and filed for bankruptcy, and General Motors faces an engine probe that could hit 870,000 vehicles.

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. GM's CEO says there’s some uncertainty over the trade, tax, and environmental regulations involving the Trump administration.

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 saw gains in its pretax profits for North America last year that pushes profit-sharing checks for UAW workers to a record level.

Tesla stock opened down 0.7% at $395.19 ahead of earnings. Coming into this report, Tesla stock has fallen for five of the past six trading days, losing almost 7% over that span. The year-over-year gain is worth more than the market value of General Motors,

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on General Motors (GM – Research Report) and

Trump unveiled a sweeping policy agenda with executive actions on day one of the second term. Trump suggests Musk and Ellison as potential TikTok buyers amid national security debate. UAW secures victory as Stellantis commits to U.

Rank-and-file workers expressed their anger and disgust over the decision by the United Auto Workers bureaucracy to run roughshod over their democratic will.

Motorists with Ford, Jeep or Chevrolet cars on their driveway have been warned to check whether they are impacted by the car recalls after Christmas.