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Marketplace Morning Report

How do striking autoworkers feel about the tentative GM agreement?

by Jack Stewart Oct 17, 2019
There are some concessions the union had been pushing for, but the closure of the Lordstown, Ohio, plant remains a sticking point.
A United Auto Workers member carries a copy of the contract settlement agreement outside of a UAW GM Council meeting in Detroit on Thursday.
Jeff Kowalsky/AFP via Getty Images

GM and union reach tentative deal that could end strike

by Associated Press Oct 16, 2019
Details of the four-year agreement have yet to be released.
Workers left their jobs early Sept. 16.
Bill Pugliano/Getty Images

From an idled GM plant to a UAW picket line

by Tracey Samuelson Sep 20, 2019
The No. 1 issue on this assembly line worker's strike agenda? End GM's use of temporary workers.
Members of the United Auto Workers Union picket outside the General Motors assembly plant on Sept. 16 in Wentzville, Missouri.
Michael B. Thomas/Getty Images

The last time GM workers went on strike, it was a different economic climate

by Erika Beras Sep 17, 2019
The country was heading into the Great Recession during the 2007 walkout. A lot has changed for the company and the economy.
Jennifer Odum, a United Auto Workers member who is employed at the General Motors Flint Assembly plant in Michigan, sits on the curb as she strikes on Sept. 16.
Jeff Kowalsky/AFP/Getty Images

No deal: Auto workers strike against GM in contract dispute

by Associated Press Sep 16, 2019
Workers shut down 33 manufacturing plants in nine states across the U.S., as well as 22 parts distribution warehouses.
Members of the United Auto Workers (UAW) who are employed at the General Motors Co. Flint Assembly plant in Flint, Michigan, hold signs and react as workers drive out of the plant as they go on strike early on September 16, 2019.
JEFF KOWALSKY/AFP/Getty Images

Stay or move? Laid-off GM workers face a tough choice

by Tracey Samuelson Aug 6, 2019
GM says it has jobs for nearly every one of the 2,800 laid-off workers, but they must decide whether they're willing to relocate.
Lincoln Fegley and his brother Joshua Fegley move furniture into Lincoln's new home in Troy, Mo. (Courtesy of the Fegley family)

Ford layoffs necessary to fund bets on its future

by Jack Stewart May 21, 2019
The future of the auto industry is uncertain as ride-sharing, self-driving vehicles and other technologies evolve.
Cars are reflected in the grill of a new Ford truck in Richmond, California.
Justin Sullivan/Getty Images

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Tax credit for GM's electric cars starts to phase out

by Marielle Segarra Mar 28, 2019
On April 1, the credit will drop by 50 percent.
Visitors admire the Chevy Volt at the annual auto engineering exhibition in Yokohama, suburban Tokyo on May 19, 2011.
YOSHIKAZU TSUNO/AFP/Getty Images

GM reports strong fourth-quarter earnings

by Mitchell Hartman Feb 6, 2019
General Motors released positive fourth-quarter earnings on Wednesday. This comes just two months after the car manufacturer pledged to eliminate several car models and reduce its workforce by 14,000 jobs. GM says the planned factory closures and layoffs will save the…
General Motors CEO Mary Barra holds a media briefing prior to the start of the 2015 GM Annual Meeting of Stockholders at GM world headquarters June 2015 in Detroit, Michigan. 
Bill Pugliano/Getty Images

GM's profit outlook is rising after announcing restructuring in November

by Mitchell Hartman Jan 11, 2019
Back in November, General Motors unloaded a big bummer of an announcement: five plant closures, about 15,000 layoffs and the dispensing of several car models. GM said all that would save $4.5 billion by 2020. Today, GM CEO Mary Barra…