General Motors said on Wednesday its new labor deals after a lengthy U.S. strike will cost it $9.3 billion even as it outlined $10 billion in share buybacks, a 33% dividend increase and "substantially lower" spending at its robotaxi unit Cruise.
$10 billion in stock buybacks, an increase in dividends, and cuts to deadly autonomous vehicles. It is clear that the union should have asked for more.
$10 billion in stock buybacks, an increase in dividends, and cuts to deadly autonomous vehicles. It is clear that the union should have asked for more.