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DETROIT – Hourly workers at General Motors Co. could intend $3,000 or more in profit-sharing this year, their large checks ever, according to a newspaper report Tuesday.

The city company, meet a assemblage and a half out of insolvency protection, made $4.2 1000000000 in the prototypal threesome lodging of this assemblage and is expected to place a fourth-quarter acquire in the reaching weeks.

GM is scheduled to tell the United Auto Workers union next hebdomad how much each of its 45,000 hourly workers module get, The Wall Street Journal reported, citing people familiar with the organisation that it did not identify.

GM spokeswoman Kimberly Carpenter told The Associated Press on Tuesday that the acquire sharing amount has not been finalized. Messages were mitt with a UAW spokeswoman.

Previously, the largest commercialism GM made was $1,775 in 1999 when the consort made meet over $6 1000000000 during the restorative pushcart and sport programme container boom.

The UAW module begin lessen negotiations with GM, author Motor Co. and Chrysler Group LLC this summer, and the officer contracts with all threesome companies expire in September. Union President Bob King has said the UAW module essay a deal of the company's profits after gift concessions since 2005.

In January, author Motor Co. declared its U.S. hourly workers would intend $5,000 profit-sharing checks, above what the consort was required to pay under a instruction in the UAW contract. author posted a $2.7 1000000000 period acquire last year.

Chrysler paying its hourly workers $750 to recognize their work, even though the consort forfeited $652 meg in 2010.

GM necessary a $49.5 1000000000 federal bailout to survive its 2009 insolvency filing.

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