Source: The Detroit News
“More than 47,000 hourly workers at General Motors Co. will get profit-sharing payments of $10,500 for 2025 as the automaker posted full-year earnings of $2.7 billion despite sliding to a $3.3 billion fourth-quarter loss, according to financial data released Tuesday. 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. The company posted $12.7 billion in EBIT-adjusted earnings for the year. The payments are down compared to last year, when GM doled out record payouts of up to $14,500.” (01/27/26)