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

Based on Ford Motor Co.'s annual profits in the United States, some 57,000 hourly workers at its factory could get sizable ...

For every $1 billion GM makes in North America, the automaker's hourly U.S. employees receive $1,000, according to the ...

The UAW reported Saturday that the 400 workers at the Daimler Truck Detroit Axle plant had voted to ratify a new agreement ...

Members of the United Auto Workers (UAW) Union approved a new six-year deal on Wednesday, with a 61% vote of approval. According to KWWL in Waterloo, Iowa, 39% of the members voted against the new ...

General Motors Co. lost $2.96 billion in the fourth quarter after a $4 billion charge for restructuring its struggling ...

but rather are a negotiated formula between Detroit automakers and the UAW in the union's national agreement. The formula states that qualified employees get $1,000 per every $1 billion in annual ...

The GM-negotiated formula with the UAW for profit-sharing checks is $1,000 per every $1 billion in annual earnings before interest and taxes, or pretax profits for North America. For 2024 ...