GM sees $9.3 billion hit from labor deals, outlines $10 billion stock buyback
General Motors <a href="https://www.reuters.com/markets/companies/GM.N" target="_blank">(GM.N)</a> said on Wednesday its new labor deals after a lengthy U.S. strike will cost it $9.3 billion even as it outlined $10 billion in share buybacks, a 33% dividend increase and "substantially lower" spending at its robotaxi unit Cruise.
... strike to General Motors engine plant in Spring Hill. A banner is seen as Union members picket General Motors (GM) in the midst of a tentative deal ...
Car companies with production facilities in the United States are bumping up pay for their non-union workers after the United Auto Workers (UAW) secured record wage hikes and benefits for union workers at the Detroit Three automakers.#NRLPA:OEBEC #RSBI:WORKER-RIGHTS #RATI:SUSTAINABLE-EV-SUPPLY-CHAIN #RATI:WORKFORCE #FBOX #AUT #AUTO #AUTOMV #AUTPT #BLR #CARM #CARM1 #CMPNY #CYCS #CYCS08 #ELEAV #INDS #INDS08 #JOB #PUBL #TPT #TRAN #WPAY #WEU #EASIA #KR #AMERS #US #EUROP #BLUX #EZC #NAMER #ASXPAC #EMRG #NL #ASIA #JP #EEU #SUSTAINABLE-BUSINESS #NRLPA:OEMP #LEGAL #REUTERS-LEGAL
Automakers with non-union workforce race to bump pay after UAW's record deals
Automakers with non-union workforce race to bump pay after UAW's record deals
Car companies with production facilities in the United States are bumping up pay for their non-union workers after the United Auto Workers (UAW) secured record wage hikes and benefits for union workers at the Detroit Three automakers.
UAW says 64% of workers vote to ratify Detroit Three contracts
The United Auto Workers (UAW) union said Monday that 64% of workers at the Detroit Three automakers voted to ratify new contracts.
UAW ratifies labor deal with General Motors
General Motors' <a href="https://www.reuters.com/markets/companies/GM.N" target="_blank">(GM.N)</a> tentative labor deal with the United Auto Workers (UAW) union has clinched ratification, making its workers the first of those at the Detroit Three automakers to approve the agreement.
GM's labor deal with UAW union on verge of ratification
General Motors' <a href="https://www.reuters.com/markets/companies/GM.N" target="_blank">(GM.N)</a> tentative labor deal with the United Auto Workers (UAW) union closed in on ratification as the votes were counted on Wednesday.
UAW workers at GM's Flint plant narrowly vote against new labor deal
United Auto Workers (UAW) union members at General Motors' <a href="https://www.reuters.com/markets/companies/GM.N" target="_blank">(GM.N)</a> Flint assembly plant in Michigan have narrowly voted against a proposed contract with the U.S. automaker, the local chapter said.
In the latter half of October, the UAW, in separate strike actions, had reached tentative agreements with the Detroit Three automakers, General Motors ...
The United Auto Workers (UAW) union on Monday said members at the General Dynamics (GD.N) plants at Ohio, Michigan and Pennsylvania have voted to ratify a new tentative agreement.#NRLPA😮EBEC #RATI:ADAS-AV-SAFETY #AER #AERO #AERO1 #BLR #CMPNY #INDG #INDG08 #INDS #INDS08 #PUBL #AMERS #US #NAMER #ADVELE #AUT #AUTO #AUTOMV #CARM #CARM1 #CWP #CYCS #CYCS08 #ELC #ELCO #ELCO08 #ELEP #GEN #MACH #MACH08 #PRIVT #TECH #TECH08 #TEEQ #TEEQ08 #TMT #WAR #WEU #EUROP #BLUX #EZC #NL #EF:BUSINESS-WORLD-AT-WORK #NRLPA😮EMP #LEGAL #REUTERS-LEGAL
UAW members at General Dynamics plants ratify new tentative agreement
UAW members at General Dynamics plants ratify new tentative agreement
The United Auto Workers (UAW) union on Monday said members at the General Dynamics <a href="https://www.reuters.com/markets/companies/GD.N" target="_blank">(GD.N)</a> plants at Ohio, Michigan and Pennsylvania have voted to ratify a new tentative agreement.
A group of Republican attorneys general have told a U.S. appeals court that a Biden administration rule designed to raise pay for tipped workers ...
A group of Republican attorneys general have told a U.S. appeals court that a Biden administration rule designed to raise pay for tipped workers infringes on states' long-held power to dictate labor policy.#NRLPA😮EMP #RSBI:WORKER-RIGHTS #CLJ #GEN #JOB #JUDIC #POL #WASH #WPAY #AMERS #US #NAMER #LEGAL #REUTERS-LEGAL #NRLPA😮APP #NRLPA😮PUB
Republican state AGs urge court to strike down Biden rule on tipped worker pay
Republican state AGs urge court to strike down Biden rule on tipped worker pay
A group of Republican attorneys general have told a U.S. appeals court that a Biden administration rule designed to raise pay for tipped workers infringes on states' long-held power to dictate labor policy.
Stellantis nears UAW deal after intensive talks
Chrysler parent Stellantis <a href="https://www.reuters.com/markets/companies/STLAM.MI" target="_blank">(STLAM.MI)</a> and the United Auto Workers were nearing a deal that could be finalized as soon a Saturday to end a six-week-old strike, sources told Reuters.
GM, Stellantis work to reach UAW contract deals
General Motors <a href="https://www.reuters.com/markets/companies/GM.N" target="_blank">(GM.N)</a> and Chrysler parent Stellantis <a href="https://www.reuters.com/markets/companies/STLAM.MI" target="_blank">(STLAM.MI)</a>. were in intensive talks on Thursday with the United Auto Workers in an effort to end a six-week-old strike a day after Ford Motor <a href="https://www.reuters.com/markets/companies/F.N" target="_blank">(F.N)</a> <a href="/business/autos-transportation/ford-uaw-negotiators-reach-labor-deal-cnbc-2023-10-25/">reached a tentative contract deal</a>.
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