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The company now predicts full-year net income of $9.1 billion to $9.7 billion, down from its previous outlook of $9.3 billion to $10.7 billion.
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The agreement follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend.
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GM on Tuesday posted net income of more than $3 billion from July through September, down 7% from the same period last year due to lost production from the strike, and also increased warranty costs.
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Autoworkers strike at Stellantis plant shutting down big profit center, 41,000 workers now picketingThe move came just three days after union President Shawn Fain reportedprogress in talks with General Motors and Stellantis but said thecompanies will have to make better offers.
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In a statement, GM said it made an offer on Friday with substantial movement in all key areas.
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The NHTSA's Office of Defects Investigation said that it's received two reports involving pedestrian injuries from Cruise vehicles.
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The company said in a statement Tuesday that the factory in Orion Township, Michigan, will instead start making electric Chevrolet Silverado and GMC Sierra pickups in late 2025.
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GM agreed to bring workers at battery factories into the UAW's national contract
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UAW President Shawn Fain told workers outside a Detroit factory that their walk Wednesday to practice picketing would become reality if General Motors, Ford and Stellantis don’t start negotiating seriously
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The study was conducted by The Anderson Economic Group