GM Employees Receive Record $12,750 Profit-Sharing Check
Approximately $500 million in bonuses will be paid to GM workers this month.
We know, advertisements are annoying and slow down the internet. Unfortunately, this is how we pay the bills and our authors. We would love for you to enjoy our content, we've worked hard on providing it. Please whitelist our site in your adblocker, refresh the page, and enjoy!
Approximately $500 million in bonuses will be paid to GM workers this month.
Inventory is approaching optimal levels.
Inventory is slowly improving, but low numbers are holding down sales.
17,500 units were already on the ground, while over half that amount were in transit.
Suppliers will need to source materials from multiple locations.
They may last well into 2024, as well.
Previously under constraint since production start.
Dealers are contacting customers now.
Sales of the Bow Tie brand’s only remaining sedan were near zero a year ago.
Affected units produced between November of 2021 and February of 2022.
Three factors highlighted as driving the shift.
Resulting in a profit increase of 37 percent in the third quarter.
Previously under constraint since May.
There are 6,549 units on the ground at dealers and 8,184 units in transit.
Nearly 10,000 units in transit this month.
2,993 units on the ground at dealers and 9,298 in transit early in the month.
Correlating with the lowest levels of turnover ever recorded.
Available at no cost to customers.
Supply chain issues are definitely still a thing.
Previously under constraint due to the chip shortage.