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General Motors Financial Company, Inc. is the financial services arm of General Motors. The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and ...
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The strike involved 48,000 GM employees. On September 17, GM stopped providing health insurance to 55,000 union members, forcing the UAW to pay for COBRA. On September 26, it was announced that GM would start to pay health insurance again to people on strike. On October 16, it was announced that GM and the UAW agreed on a new labor contract ...
Workhorse Group Incorporated, originally AMP Electric Vehicles, is an original equipment manufacturer and technology company headquartered in Sharonville, Ohio, U.S. [1] Workhorse makes electric delivery vans, drones, and telematics software designed for last-mile delivery. Their products include commercial electric vehicles, Horsefly delivery ...
But after much employee pushback, Barra sent out a note to the salaried workforce days later offering an apology of sorts. She said GM's plan still would include a more regular, in-person presence ...
General Motors Company ( GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands, Chevrolet, GMC, Cadillac and Buick. By sales, it was the largest automaker in the United States in 2022, and was the ...
In those tentative agreements, the UAW said all union-represented salaried employees will get the same 25% wage increase across the 4.5-year contract and the same $5,000 ratification bonus that ...
More: GM reports 1st quarter earnings increased on retail sales of trucks, improved EV sales. More: GM CEO Barra's compensation for 2023 dropped 4%, GM changes up exec pay formula The cost of a ...