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Sport
Brian Silvestro

GM Says New UAW Labor Deals Will Cost $9.3 Billion

GM UAW

GM revealed on Wednesday in a business update that it expects its new UAW and Canadian Unifor labor contracts will increase costs by $9.3 billion through 2028. The company has also announced $10 billion in stock buybacks, as well as a 33-percent increase in its stock dividends. 

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