Benzinga |
General Motors is prepared to raise prices to offset commodity price jump
CNBC The nation's largest automaker on Wednesday said it's prepared to pass along a higher-than expected jump in commodity costs this year. The pricier raw materials and unfavorable exchange rates in Brazil and Argentina will cost it $1 billion this year. GM's Q2 Hit By Steel Tariffs; Currency, Commodities Primary Earnings Drivers For 2018 GM sideswiped by trade war; cuts outlook as prices rise |
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