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GM on Tuesday said it made $2.97 billion from January through March, with revenue increasing 7.6% over the same period a year ago to just over $43 billion
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Stellantis, Ford, and General Motors say the effort to transition to electric vehicles is driving the job cuts
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Corewell Health plans to build an $80 million service center in Wyoming to support operations statewide
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GM has had trouble with machinery that stacks battery cells into modules at assembly plants. The guidance on Thursday of mid single-digit profit margins in two years is a little better than the low-to-mid single digits the company has estimated in the past.
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A vote-tracking spreadsheet on the union’s website shows that with all local union offices reporting, the contract passed by just over 3,400 votes, with 54.7% in favor
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The union is expected to announce GM results on Thursday evening. Voting continues at Ford through early Saturday, where 66.1% of workers have voting in favor so far
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The vote tallies at the plants ranged from 55% to around 60% against the contract. Voting continues at Ford, where the deal is passing with 66.1% voting in favor so far
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Labor leaders were invited to the U.S. Senate Health, Education, Labor and Pensions committee Tuesday
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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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The added pressure on GM is substantial as Spring Hill makes engines for other plants in addition to big-ticket vehicles including the electric Cadillac Lyriq, GMC Acadia and Cadillac crossover SUVs