A profit-sharing plan is a defined contribution retirement plan that allows an employer or company owner to share the profits in the business, up to 25 percent of the company’s payroll, with the ...

As a result of General Motors' yearly gains in profits, about 45,000 U.S. hourly workers will receive a record-setting profit-sharing check. GM said Tuesday that the 2024 pretax payout for its ...

After posting a large annual loss for 2025, Stellantis says the union will not receive any profit-sharing checks. Without a profit, there is not profit sharing, the company said. It is the first time ...

Profit-sharing amounts at Stellantis are tied to the company's financial performance in North America. Last year, UAW members at Stellantis were potentially in line for checks of $13,860. UAW members ...

You are watching a rare moment in Detroit’s auto industry, where a single year’s loss has erased an entire category of income that many factory families count on. Stellantis’ 2025 financial hit has ...

Anger erupted on social media and in the factories after Stellantis workers in the US were told this week they will get a “profit-sharing” check of $3,780 for 2024, a drop of 73 percent from last year ...

Anderson Economic Group predicts the Detroit automakers will see a combined $5 billion reduction in operating profits in North America in 2025 due to tariffs. If that's the case, UAW workers could see ...