MITechNews Blog GM Cars Made In Mexico Or Canada To Cost $4,300 Per Vehicle Triggered by Tariffs

DETROIT - General Motors Co. is facing higher costs and lower demand that may eat into the U.S. automobile giant's profits under the tariff program imposed by President Donald Trump, UBS analysts said Thursday. UBS downgraded GM's stock to neutral from buy and slashed its price target on the stock to $51 from $64. AnalystsThe post GM Cars Made In Mexico Or Canada To Cost $4,300 Per Vehicle Triggered by Tariffs appeared first on MITechNews.