This Strike Could Crush General Motors' Biggest Hit
There's good news and bad news for General Motors (NYSE: GM).
The good: GM's all-new 2018 Chevrolet Equinox crossover is a bona fide hit. U.S. sales were 80% higher last month than a year ago, helping GM to an overall market-share gain for September.
The bad: Workers at the Canadian factory that makes the Equinox have been on strike for almost three weeks, supplies of the new crossover are getting tight -- and there's no resolution in sight.
Source: Fool.com
General Motors Corp Stock
€40.80
0.250%
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As a result the target price of 49 € shows a positive potential of 20.11% compared to the current price of 40.8 € for General Motors Corp.
