GM Hourly Employees Could Share In GM's Profits

By Scott Sarvay

February 8, 2011 Updated Feb 8, 2011 at 12:25 PM EST

DETROIT (Indiana’s NewsCenter) - Hourly workers at General Motors could get large profit-sharing checks based on 2010 earnings.

According to an article in “the Detroit News," the checks could be among the largest ever, perhaps more than $1,800.

The exact amount could be released as early as next week.

Last week, Chrysler announced bonuses of $750 and up to $5,000 for Ford employees.

The GM profit-sharing checks are expected to set the tone for this summer's contract talks.

GM had made $4.2 billion in profits as of September.




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