Strikes Trim GM Profit in an Otherwise Strong Quarter
DETROIT — A strike by auto workers against General Motors is expected to cut pretax earnings by $800 million this year, and another $200 million per week after that.
GM Delays Electric Pickup Truck Expansion Amid Slower Growth
General Motors Co. will delay the opening of its second electric truck plant in Michigan to preserve capital amid a slowdown in sales growth for electric vehicles.
Canadian Auto Workers End Strike After Tentative Deal With GM
TORONTO — General Motors and the union representing Canadian auto workers reached a tentative contract agreement Oct. 10, ending a strike that began just after midnight.
October 10, 2023US Automakers’ Sales Rose Sharply Over the Summer
DETROIT — Automakers posted big increases in new vehicle sales during the summer, despite high prices, rising interest rates and even a limited strike against Detroit companies.
UAW Strikes Spread to 38 Locations in 20 States
The president of the United Auto Workers said Sept. 22 the union will expand its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states.
UAW Threatens Expanded Strikes
The leader of the United Auto Workers said that a limited strike targeting plants in Missouri, Michigan and Ohio may be expanded if “serious progress” toward an new contract agreement isn’t made by Sept. 22 at noon.
Workers Win Raises at GM Ultium Cells Battery Plant
DETROIT — Unionized workers at a General Motors joint venture electric vehicle battery plant will see pay raises while they continue to negotiate a contract, if they ratify an interim deal.
August 25, 2023General Motors Q2 Earnings Rise 52% on Strong Sales, Prices
DETROIT — Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago.
Union Workers Question Safety at GM’s Ultium Battery Plant
While the United Auto Workers union hammers out a new deal with GM and battery manufacturer Ultium Cells, workers are pointing to safety hazards as a key issue in the negotiations.
Strong Q2 For Toyota, GM Points to Auto Industry Strength
General Motors Co. and Toyota Motor Corp. both posted strong sales gains in the second quarter, signs of consumer health in the auto market as semiconductor supply improves.