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General Motors Overcomes Challenges in Strong Third Quarter; Ford Backs Off 2020 Targets

publication date: Oct 31, 2018
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Image Source: GM third-quarter earnings presentation. 

Despite challenges in its cost structure and the Chinese market, simulated newsletter portfolio idea General Motors turned in a strong third quarter report, and shares reacted favorably after several months of selling pressure. Rival Ford also reported a solid third quarter report, but it no longer expects to hit its 2020 EBIT margin and ROIC targets.

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