GM Q3 earnings fall 8.7%; strike to cost nearly $3 billion
Auto October 29, 2019, 0 Comment 4Net income fell to $2.3 billion, including a $1 billion hit from the first two weeks of the UAW’s strike. GM said it expects the 40-day strike, which ended last Friday, to reduce 2019 earnings by about $2 per share, or nearly $3 billion.
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