UAW expands strike - Search News

General Motors says UAW strike cost $1.1B, but it can absorb rising labor costs as it raises dividend

General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend.

SFGate · 28m

Business Highlights: US growth rate upgraded; GM says it can handle rising labor costs

The government had previously estimated that the economy grew at a 4.9% annual rate last quarter. In the current fourth quarter, though, economists say growth is likely slowing sharply from the cumulative effects of higher borrowing rates on consumer and business spending.

The Boston Globe · 1h

GM says it can handle rising labor costs as it announces huge share buyback and dividend increase

Due to $2 billion worth of annual efficiency gains and cost reductions expected by the end of next year, the company said it can can handle $9.3 billion in labor cost increases from US and Canadian union contracts through April of 2028.

The Globe and Mail · 6h

Autoworker strike cost GM $1.1B, which it says it can absorb as it announces massive stock buyback

Real-time index price for Nasdaq Bank Index (BANK), along with buy or sell indicators, analysis, charts, historical performance, news and more

SFGate · 12h

GM says pretax earnings took $1.1B hit from autoworkers strike, but says it can absorb costs of deal

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REVEALED: UAW strike cost GM $1.1BILLION - and will cut spending, including on EVs and at Cruise, to absorb costs of new contract

General Motors said the United Auto Workers strike has cost the company $1.1billion, mostly due to slowed down production To cover the cost of the union contract, the automaker plans to make cuts on ...

Electrek11m

UAW launches campaign to unionize all automakers at once – Tesla, Toyota, etc

The UAW has launched an unprecedented campaign to unionize the entire US auto sector at once, with thousands of auto ...

CNBC1mon

UAW in tentative deal to end labor strike with Stellantis but expands its strike at General Motors

The United Auto Workers union and Stellantis have agreed to a tentative deal following roughly six weeks of targeted U.S. labor strikes, the union announced Saturday afternoon. The terms of the ...

Hosted on MSN1mon

UAW expands strike with 5,000 people, shutting down biggest GM plant

The United Auto Workers strike has expanded by another 5,000 people, this time at General Motors's Arlington Assembly in Texas. The expanded strike on Tuesday will shut down production at GM's ...

UAW chief, having won concessions from strikes, aims to expand membership to nonunion automakers

Companies play their workers as fools sometimes,” UAW chief Shawn Fain says. “They care about keeping more for themselves and ...

Yahoo News1mon

UAW strike update: Strike expands against GM; Stellantis lays off more employees

DETROIT (FOX 2) - Thousands of General Motors joined the picket line Tuesday as the UAW strike expanded. About 5,000 UAW members walked out of Arlington Assembly, where the Chevrolet Tahoe, ...

CBS News9d

UAW expands strike to Ford Louisville plant as it expands into fourth week

UAW expands strike to Ford Louisville plant as it expands into fourth week The United Auto Workers union expanded its strike to a Ford plant in Kentucky that employs around 8,700 union employees ...

GM Authority1mon

UAW Expands Strike To GM Spring Hill Plant In Tennessee

After reaching a tentative agreement with Ford and Stellantis, the UAW has increased pressure on GM by ordering its members at the Spring Hill plant in Tennessee to walk off the job. This latest ...

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