Autoblog16y
Nearly 19,000 hourly workers take buyout from GM
General Motors announced today that approximately 19,000 hourly employees have opted to leave the automaker's ranks in exchange for a buyout offer and retirement incentives. The offer was extended ...
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Here is when to expect GM's $50,000 buyout program for union workers to launch
the Detroit Free Press has learned that the first phase of the buyout program is expected to start March 14. The letter, which was obtained by the Detroit Free Press, also said that on Monday, GM ...
Autoblog16y
GM reportedly offering buyouts again too, even lower than Chrysler's
GM is struggling with costs in the wake of historically poor automotive sales, and the Detroit automaker is offering more UAW buyouts to trim its blue-collar workforce. The incentive package ...
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What You Need To Know About Tesla's New Lease Buyout Option
Tesla’s lease buyout option represents a strategic pivot ... With automakers like Ford, GM, and Hyundai continuing to dial EV production up a notch, Tesla’s move could be seen as a way to ...