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inside the market
Market movers: Stocks that saw action on Wednesday - and why
A person fills up at a Couche-Tard gas station and convenience store is seen in Vaudreuil-Dorion, Quebec, March 16, 2023.
international business
GM sees US$9.3-billion hit from new labour deals, outlines US$10-billion stock buyback
FILE - United Auto Workers members join the picket line, in Detroit, Friday, Sept. 15, 2023. General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend. The Detroit automaker on Wednesday, Nov. 29, 2023 reinstated its full-year earnings forecast that was withdrawn after the United Auto Workers began targeting the factories of Detroit automakers with strikes on Sept. 15. (AP Photo/Paul Sancya, File)
u.s. business
GM workers become first of Detroit Three automakers to approve labour deal with UAW
Union members picket General Motors (GM) which is in the midst of a tentative deal being reached with the United Auto Workers (UAW), which expanded its strike over the weekend to the General Motors (GM) engine plant in Spring Hill, Tennessee, U.S. October 30, 2023. REUTERS/Seth Herald
u.s. business
GM’s labour deal with United Auto Workers union on verge of ratification
Union members picket General Motors (GM) in the midst of a tentative deal being reached with the United Auto Workers (UAW), which expanded its strike over the weekend to the General Motors (GM) engine plant in Spring Hill, Tennessee, U.S. October 30, 2023. REUTERS/Seth Herald
international business
UAW workers at GM’s Spring Hill plant in Tennessee vote against tentative deal
Union members picket General Motors (GM) which is in the midst of a tentative deal being reached with the United Auto Workers (UAW), which expanded its strike over the weekend to the General Motors (GM) engine plant in Spring Hill, Tennessee, U.S. October 30, 2023. REUTERS/Seth Herald
u.s. business
UAW workers at GM’s Flint assembly plant narrowly vote against new labour deal
FILE PHOTO: The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
international business
GM’s Cruise to recall 950 driverless cars in U.S. after accident involving pedestrian
FILE PHOTO: A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo
world
UAW says GM tentative contract deal outlines EV investment plans, will raise wages for U.S. workers
FILE — Members of the United Auto Workers union picket outside of a Ford assembly plant in Chicago on Oct. 24, 2023. The U.A.W. reached a tentative deal with Ford Motor first, followed by similar deals with Stellantis last weekend and General Motors on Oct. 30, 2023, ending the union’s six-week strike. (Jamie Kelter Davis /The New York Times)
opinion
Union wage gains could threaten transition to electric vehicles
Konrad Yakabuski
international business
UAW reaches deal with GM, ending strike against Detroit automakers
United Auto Workers (UAW) members strike at a General Motors assembly plant that builds the U.S. automaker's full-size sport utility vehicles, in another expansion of the strike in Arlington, Texas, U.S. October 24, 2023. REUTERS/James Breeden NO RESALES. NO ARCHIVES
report on business
United Auto Workers leaders push ahead with Ford contract as GM talks drag
(FILES) Members of the United Auto Workers (UAW) Local 230 and their supporters walk the picket line in front of the Chrysler Corporate Parts Division in Ontario, California, on September 26, 2023, to show solidarity for the "Big Three" autoworkers currently on strike. Stellantis and the striking United Auto Workers union have reached a preliminary deal allowing members to return to factories, the union said October 28. The tentative agreement, reached after 44 days of strike action that simultaneously targeted Detroit's "Big Three" automakers, includes a 25 percent raise in base wages by 2028, the union said. "Stellantis workers will return to work while the agreement goes through the ratification process," the UAW said in a statement. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)
mobility
California suspends GM’s Cruise autonomous vehicle deployment, driverless testing permits
FILE PHOTO: The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
investment ideas
U.S., European bellwethers best expectations, boost investor confidence
Traders work on the floor at the New York Stock Exchange in New York, Wednesday, June 14.
international business
GM withdraws 2023 profit guidance as new UAW walkout hits Texas plant
(FILES) (FILES) Labor supporters and members of the United Auto Workers union (UAW) Local 230 march along a picket line during a strike outside of the Stellantis Chrysler Los Angeles Parts Distribution Center in Ontario, California, on September 26, 2023. An auto workers strike in the United States expanded October 11, 2023 with 8,700 more employees walking off their jobs, said the United Automobile Workers (UAW) union, as a deal with major automakers remained elusive. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)
u.s. business
General Motors raises offer to autoworkers union ahead of UAW bargaining update
FILE PHOTO: Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo
lou's garage
Installing car parts not from a dealer to save money can work, but it is rare
Web version Lou's Garage advice column logo Driving section credit illustration by John Sopinski/The Globe and Mail
international business
GM cancels Nov. 16 investor day event, will move it to early next year
FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook/File Photo
u.s. business
U.S. agency investigating pedestrian risks at GM’s self-driving unit Cruise
FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook/File Photo
report on business
Unifor set to begin Stellantis negotiations after successful GM vote
FILE - The Stellantis sign is seen outside the Chrysler Technology Center, Jan. 19, 2021, in Auburn Hills, Mich. Stellantis on Wednesday, April 26, 2023, said it is offering buyouts to groups of white-collar and unionized employees in the U.S., as well as hourly workers in Canada. (AP Photo/Carlos Osorio, File)
u.s. business
Detroit automakers, union leaders spar over 4,800 layoffs at non-striking factories
FILE PHOTO: An American flag flies in front of the United Auto Workers union logo on the front of the UAW Solidarity House in Detroit, Michigan, September 8, 2011. Rebecca Cook/File Photo
report on business
Unifor workers strike at three Ontario GM facilities after contract talks fail
FILE PHOTO: Cars pass under an overpass at the General Motors Car assembly plant in Oshawa, June 1, 2012. REUTERS/Mark Blinch/File Photo
driving concerns
If I buy a used Chevrolet Bolt, will I have to charge it outside or risk a fire?
This photo provided by General Motors shows the 2017 Chevrolet Bolt, a small electric hatchback with an EPA-estimated 238 miles of range. (Courtesy of General Motors via AP)
u.s. business
GM makes new counteroffer to UAW in strike talks
FILE PHOTO: Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo
report on business
Unifor negotiators see resistance as talks with General Motors enter second week
Members of Unifor Local 594 hold signs during a rally outside the Co-op Refinery in Regina on Thursday December 5, 2019. Labour negotiations between refinery management and the 800 members of the union broke down on Tuesday. THE CANADIAN PRESS/Michael Bell
report on business
General Motors furloughs another 163 workers due to UAW strike
FILE - The General Motors is affiliated to a surface, Jan. 27, 2020, in Hamtramck, Mich. Unifor, which represents about 4,300 workers at three GM facilities in Canada, said Monday, Sept. 25, 2023, that it reached a strong deal with Ford and now will try to negotiate a pattern agreement with GM. (AP Photo/Paul Sancya, File)
report on business
GM, Stellantis could face $9.5-billion in U.S. fuel economy fines, industry group says
FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook/File Photo
report on business
Unifor makes General Motors next bargaining target
FILE PHOTO: Cars pass under an overpass at the General Motors Car assembly plant in Oshawa, June 1, 2012. REUTERS/Mark Blinch/File Photo
report on business
Ramp up in U.S. auto strike expected to affect Canadian parts producers
Striking UAW workers picket outside a GM processing facility in Burton, Michigan, U.S., September 22, 2023. REUTERS/Dieu-Nalio Chery
opinion
General Motors is taking the near-shoring approach to an extreme level
Andrew Willis
world
Lengthy UAW strike could buy GM time to address nagging EV issues
WAYNE, MICHIGAN - SEPTEMBER 16: United Auto Workers members strike at the Ford Michigan Assembly Plant on September 16, 2023 in Wayne, Michigan. This is the first time in history that the UAW is striking all three of the Big Three auto makers, Ford, General Motors, and Stellantis, at the same time. (Photo by Bill Pugliano/Getty Images)
advisor news
Fed to deliver what could be last interest rate hike in this week's Advisor Lookahead
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