Manufacturing
GM says UAW strike cost US $1.1 billion, announces stock buyback, boosts dividend
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GM said its new contracts with the UAW and the Unifor union in Canada would increase its labour costs by about $1.5 billion in 2024, or $500 per vehicle.
(BLOOMBERG)
By:
Lindsay VanHulle
November 29, 2023 11:49 AM
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