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GM, Ford shares get downgrades as banks warn of tariff impacts

Ford slid 25.8% YTD

Bloomberg NewsbyBloomberg News
April 10, 2025
in Sales & Marketing
Reading Time: 2 mins read
0

Major US automakers saw their shares downgraded on Thursday as banks warned of higher costs and lower demand brought on by Donald Trump’s trade war. UBS Group AG cut its recommendation on shares of General Motors Co. to neutral from buy, citing the possibility that tariffs will raise prices and disrupt production. Goldman Sachs Group […]

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