For UAW-represented employees, profit-sharing awards are a provision of the collective bargaining agreement and determined by a formula based on an adjusted profit-based pool.
Noted Chrysler CEO To, LaSorda: “Our profit-sharing pool was significantly reduced by a number of factors, the biggest being a dramatic increase in retiree pension and health care expenses and US vehicle financing.”
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Neonode has won the Innovation Award for Driver Monitoring Softwarefor its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.