GM to hold Nov. 29 business update after UAW contract deal

General Motors said Tuesday it will hold a Nov. 29 business update following the ratification of new labor agreements in the United States and Canada.

GM CEO Mary Barra and chief financial officer Paul Jacobson will hold a conference call with analysts.

The United Auto Workers union said Monday members had approved a new labor deal through April 2028. The Detroit automaker is also facing mounting troubles at its self-driving unit Cruise that has lost more than $8 billion since 2017, including $728 million lost in the third quarter of this year, according to GM financial disclosures.