Automotive News / Automotive

GM to pay up to $9,000 in profit-sharing

DETROIT -- General Motors earned $1.1 billion in the fourth quarter, a 21 percent improvement from a year earlier, and its United Automobile Workers employees will receive profit-sharing of up to $9,000 based on the company's full-year pre-tax ...

Ford to bump workers to higher-paid tier

CHICAGO -- Ford Motor said it will move 300 to 500 workers, mostly in Chicago, into a higher pay grade to meet requirements under its labor agreement with the United Automobile Workers union.

Wages for those workers will increase by about $9, to ...

Toyota found '60 percent' responsible, to pay $11M

MINNEAPOLIS -- The jury in the Toyota liability trial found the automaker 60 percent responsible for a 2006 crash that caused the deaths of three people and sent a man to prison for more than two years.

Toyota is ordered to pay about $11 million ...

FCA US net income falls 57 percent to $1.2 billion

DETROIT -- FCA US said Tuesday it earned a profit of $1.2 billion, a 57 percent decline compared with a 2013 as it recorded one-time charges of $1.2 billion, but will pay its U.S. hourly workers an average profit sharing check of about $2,750 -- ...