While the big sums paid to top executives have been a UAW target, so have the stock buybacks which have accounted for far larger amounts of cash than executive compensation since the bankruptcies of GM and Chrysler in 2009.
North American Barometer: Will Growth Continue Into 2024?Production is closing in on pre-pandemic levels and sales mostly have outdone expectations. At the same time, with dealer inventory gradually improving automakers continue to raise retail prices while also allotting more production for less-profitable fleet volume.