← Back to: "UAW Retirees Receive GM “Christmas Bonus”"
GM's Rick Wagoner
"Even if the still-called the largest carmaker in the world General Motors repeatedly said it may run out of cash in early 2009, it still has to make a number of payments which, in the opinion of the company's representatives, may become impossible very soon. However, General Motors has just payed inflation bonuses to UAW retirees which, according to Autonews, could represent up to $700. Total costs may even surpass $200 million, the source added, due to the “73,000 surviving spo..." Continue Reading →
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