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GM Strike News

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American Axle Q4, 2019 sales suffer from GM strike
DETROIT — The national UAW strike at General Motors slashed fourth-quarter by about $186 million and full-year sales by $243 million at American Axle & Manufacturing Holdings Inc. American Axle shares ...

Published: Feb 14, 2020 @ 04:51:00 AM
Source: Automotive News

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Despite strike, slumping sales, General Motors posts $6.6 billion profit
Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money last year. The company posted a $6.58 billion profit for the year, but that was ...

Published: Feb 05, 2020 @ 06:14:00 AM
Source: Chicago Tribune

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Nemak hit by GM strike in fourth quarter
Mexican auto supplier Nemak said Thursday that its revenue and net income were slashed in the fourth quarter, largely as a result of the UAW strike at General Motors. The powertrain and body structure ...

Published: Feb 13, 2020 @ 01:33:00 AM
Source: Automotive News

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General Motors' Q4 Profit Beat Estimates Despite Huge Strike Costs
General Motors (NYSE:GM) said that it lost $194 million in the fourth quarter, down from a $2 billion profit a year earlier, after a nationwide strike that ended late in October left it scrambling to ...

Published: Feb 05, 2020 @ 12:21:00 PM
Source: The Motley Fool

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GM churns out profit in 2019 despite strike, slumping sales
DETROIT (AP) — Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money last year. The company posted a $6.58 billion profit for the year, ...

Published: Feb 05, 2020 @ 03:04:00 AM
Source: Boston Herald

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GM swings to a loss in the fourth quarter as 40-day strike erodes profits
The strike cost GM $2.6 billion during the fourth quarter and $3.6 billion for the year. GM's sales in China fell 15.1% last year, marking its second consecutive year of declines. GM's earnings come a ...

Published: Feb 05, 2020 @ 09:44:00 AM
Source: CNBC

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General Motors Approves Digital Air Strike as a Digital Certified Chat Vendor for Thousands of Automotive Dealers
/PRNewswire/ -- Digital Air Strike, the leading automotive consumer engagement technology company, today announced it has been approved by General Motors ...

Published: Feb 06, 2020 @ 02:13:00 AM
Source: PR Newswire

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GM profit sharing checks average $8,000 for hourly workers
FLINT (WJRT) (2/5/2020) - Despite the longest GM strike in half a century, the company still made billions in profits. Now workers are getting a share of those profits. Load Error Nearly 50,000 hourly ...

Published: Feb 05, 2020 @ 11:02:00 AM
Source: MSN

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GM announces exit from Australia, New Zealand and Thailand
GM’s further exit from a number of markets follows its announcement earlier this month of a slump in profits for 2019, with net income down 17 percent year-over-year to the still substantial amount of ...

Published: Feb 18, 2020 @ 05:38:00 PM
Source: World Socialist Web Site

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Tariff-Free Vehicle Imports From South Korea Favorable To GM
But as CNBC points out, automakers do not flock to the region due to the tough labor unions in the country, which are known to strike. GM has experienced its share of problems with the Korean ...

Published: Feb 16, 2020 @ 05:12:00 AM
Source: GM Authority

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Published: Feb 19, 2020 @ 10:14 AM
Source: Your Domain Ninja

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Strike cost GM $3.6B in earnings in 2019
The United Auto Workers’ 40-day strike against General Motors last year forced the automaker to record a loss for the fourth quarter of 2019. GM co-owns the DMAX truck engine plant in Moraine and is ...

Published: Feb 05, 2020 @ 02:23:05 AM
Source: Dayton Daily News on MSN.com

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