General Motors is offering buyouts in an effort to cut $2 billion in costs
The Detroit automaker says the buyouts will be offered to most U.S. salaried workers and some global executives.
General Motors
GM Will Build 30,000 Ventilators For U.S. Government
The ventilators will be delivered to the national stockpile by August. The contract, worth nearly $500 million, is the first ventilator order placed using the Defense Production Act.
GM Considers Building Ventilators At Indiana Plant
General Motors has already started working with a ventilator company, Ventec, to help it expand production of the essential medical equipment. Now it might start building the devices itself.
Ford, GM, FCA Suspending Production At North American Plants
The UAW, the autoworker's union, had been pushing for a two-week shutdown because of worker concerns. Plants will be shut down at least through March 30.
GM And LG Chem Plan $2.3 Billion Electric Battery Venture In Ohio
The two companies expect to create more than 1,100 jobs in northeast Ohio. The new plant will be built near GM's Lordstown facility that was shuttered earlier this year.
UAW President Gary Jones Abruptly Resigns Amid Corruption Scandal
Jones has been the target of a federal probe of alleged corruption in the UAW. The union is also linked to an alleged bribery scheme, according to a lawsuit filed by GM against rival Fiat Chrysler.
The Strike Is Over: UAW Members Ratify Deal With General Motors
On Friday, the United Auto Workers and its nearly 50,000 GM employees signaled an end to the six-week stalemate, voting to OK a deal that the labor union struck with the automaker earlier this month.
'It's Time To Get Something Back': Union Workers' Voices Are Getting Louder
Unions and their supporters around the country are assessing whether the United Auto Workers strike against General Motors is a sign of renewed labor power.
Why GM Workers Are Striking
As negotiations continue between the automaker and the union, workers express what motivates them to join the picket line. "One fight, we all fight," one worker says.
GM, Union Officials Prepare For Contract Talks Amid Plant Closings And FBI Probes
General Motors and the United Auto Workers sit down soon to negotiate a new contract. Recession fears and slowing sales are concerns, along with allegations of corruption among UAW leaders.