The record $9.4 billion profit at General Motors Co. in 2016 means its hourly workers will receive record profit-sharing checks worth $12,000 apiece.
For the 3,500 employees at the General Motors Fairfax Assembly Plant in Kansas City, Kan., it means bonuses worth a total of $42 million. Workers at the plant produce the Chevrolet Malibu, which just celebrated its best sales year since 1980. It's the third-best-selling vehicle in the GM lineup, behind the Chevrolet Silverado and the Chevrolet Equinox.
The…
The record $9.4 billion profit at General Motors Co. in 2016 means its hourly workers will receive record profit-sharing checks worth $12,000 apiece.
For the 3,500 employees at the General Motors Fairfax Assembly Plant in Kansas City, Kan., it means bonuses worth a total of $42 million. Workers at the plant produce the Chevrolet Malibu, which just celebrated its best sales year since 1980. It's the third-best-selling vehicle in the GM lineup, behind the Chevrolet Silverado and the Chevrolet Equinox.
The…