US carmakers hit by trade disputes

Image copyright Getty Photographs Stocks in two best carmakers tumbled once they warned that adjustments to business policies have been hurting performance. General Cars mentioned it expected a hit of about $1bn (£760m) due in large part to better steel and aluminium costs due to new US metals price lists. Shares dropped by way of greater than 7% after the company revised its outlook. Fiat-Chrysler shares had been about 15% decrease, after it said gross sales in China had fallen as buyers postponed purchases in anticipation of lower price lists….

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