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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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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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It would send a direct one-time payment as much as $2,080 dollars to a family of four.
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About 5,000 white-collar workers at General Motors took the company's buyout offers, which the automaker says is enough to avoid layoffs at this time.
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A final push is underway to get the state Legislature to expand a tax break for working poor people before the end of the year.
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Resilient Homes Michigan coalition proposed $1.6 billion in spending by the state.
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WGVU's Food, Wine & All That Jazz takes place Friday, October 27th @ 7:30 inside the Grand Rapids Public Museum where you can enjoy samples from over 400…