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Lengthy UAW strike at GM to cost $1.5 billion: Credit Suisse By Reuters

2019-10-11
By: Staff Writer

By Ankit Ajmera (Reuters) – An ongoing workers’ strike at General Motors Co (N:) could cost the automaker about $1.5 billion, brokerage Credit Suisse (SIX:) said on Friday, throwing the U.S. automaker’s cost reduction plans off the track and forcing key suppliers to cut their 2019 outlook. The brokerage hasRead More →

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