Stellantis is requiring its U.S. workers to report to the office three to five days a week at its Auburn Hills headquarters
Those employees who have already been working in the office include engineering and technology teams, and assembly line workers have continued to report to work at their plants. Start the day smarter.
Stellantis executives previously had championed remote working when it instituted its "New Era of Agility" in 2022.
The U.S. Equal Employment Opportunity Commission sues Stellantis, the UAW, and GM, accusing them of discrimination and harassment.
Plus, electric vehicle startup Canoo has ceased operations and filed for bankruptcy, and General Motors faces an engine probe that could hit 870,000 vehicles.
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
GM announced a record-setting profit-sharing bonus for workers. GM's CEO says there’s some uncertainty over the trade, tax, and environmental regulations involving the Trump administration. DETROIT (FOX 2) - 2024 was a big year for General Motors (GM), which the automaker announced may lead to an increase in money for its union workers.
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.
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. GM made about $14.258 billion in North America in 2024, up 18% year-over-year.
GM saw gains in its pretax profits for North America last year that pushes profit-sharing checks for UAW workers to a record level.
Tesla stock opened down 0.7% at $395.19 ahead of earnings. Coming into this report, Tesla stock has fallen for five of the past six trading days, losing almost 7% over that span. The year-over-year gain is worth more than the market value of General Motors,
Production of Jeep and Dodge EVs began last summer, but the new models are just now arriving at dealers.