GM Announces Profit Sharing For Hourly Workers

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General Motors is sharing its profits with hourly workers less than five months after many went on strike.

The auto-maker says 47,000 hourly workers are receiving a check for $8,000.

This is down from a nearly $11,000 check last year.

G-m says the united auto workers union strike cost them 3.6 billion dollars in profits.

They're expecting a better year with new vehicle launches and cost-saving initiatives.