GM reduces forecast
Source: AFP |
00:01 UTC+8 July 26, 2018
|
Print Edition
Print Edition
General Motors cut its full-year profit forecast yesterday, in part due to higher commodity costs as it amplified its warning that mushrooming trade conflicts could dent US and global car sales. GM trimmed its earnings forecast from its prior range of US$5.52 to US$5.82 per diluted share to approximately US$5.14 per share. The company cited a “significant” increase in commodity costs, as well as the sinking valuation of the Argentine peso and Brazilian real that have marred its sales outlook in those markets.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
