GM's Q2 Hit By Steel Tariffs; Currency, Commodities Primary Earnings Drivers For 2018 - Benzinga

Benzinga

GM's Q2 Hit By Steel Tariffs; Currency, Commodities Primary Earnings Drivers For 2018 Benzinga Commodities saw continued price increases that derailed GM's pace toward 10-percent full-year profit margins. Considering the volatile and uncertain macro situation, management adjusted full-year margin guidance to between 9 percent and 10 percent. GM sideswiped by trade war; cuts outlook as prices riseMyTwinTiers.com General Motors is prepared to raise prices to offset commodity price jumpCNBC all 57 news articles »

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