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General Motors estimated that recent labour disruptions at one of its key suppliers and at several of its own plants will chop about $2.2bn from second-quarter pre-tax earnings
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The following posts link to Strikes to cost General Motors $2.2bn:
" Caught this in the Financial Times article Strikes to cost General Motors $2.2bn: Announcing Ford?s more sombre profit projection and production cuts on Thursday, its chief executive Alan Mulally said that ?we saw a real change in the industry demand in pick-ups and SUVs in the first two weeks of May."
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