Deal between GM and UAW could increase GM’s profit on small cars

Print
Email
|

by WHAS11

WHAS11.com

Posted on October 8, 2010 at 4:08 PM

(WHAS11) – There’s a deal between General Motors and the United Auto Workers that could help GM make a bigger profit.
 

The cost-cutting deal makes it possible for the automaker to make a profit on small cars built in the United States.
 

The deal would cut in half the hourly wage of some UAW workers at a currently closed plant; a plant that will begin making the revamped Chevy Aveo starting next year.
 

Print
Email
|