GM profit triggers worker bonuses up to $11,000

February 3, 2016 1:11 PM

1 0

General Motors earned $6.3 billion in the fourth quarter, more than five times the $1.1 billion from a year earlier.

The company said its hourly workers, who are members of the United Auto Workers union, will receive profit sharing of up to $11,000 based on the company's 2016 pre-tax profit in North America of $11 billion.

Also read: Singapore's CapitaLand sets up $1.5 bln private equity fund for China

Read more

To category page