PODCAST:
Jan. 27, 2026 ~ Ryan Ermanni talks with Keith Naughton, Bloomberg Auto Business reporter, about GM hourly workers set to receive lower profit-sharing payouts than in 2024.
DETROIT, MI ~ This year, General Motors Co. hourly workers, over 47,000 of them, will receive $10,500 in profit-sharing payments for 2025 after getting a record $14,500 in 2024. Despite over $3 billion in fourth-quarter losses, GM earned a total of $2.7 billion over the course of 2025, according to The Detroit News. “GM’s EV sales went up. They introduced a lot of new EV models last year, but of course, every EV is sold at a loss. And then when the federal government took away the $7,500 tax credit for purchasing an EV, GM had to sort of cover that. They’re not going to add $7,500 to the price of an electric vehicle that’s already expensive. So the losses grew on EVs. That was one of the big factors in the profit sharing going down,” Keith Naughton, Bloomberg Auto Business reporter said on “‘JR Afternoon.”
