GM faces declining sales and price wars in largest markets

GM's profits in the lucrative U.S. pickup truck market have been pressured by an escalating price war with Ford and Fiat Chrysler Automobiles. (DAVID PHILLIPS)

By:

BEN KLAYMAN

By:

Reuters

July 31, 2019 11:36 AM

DETROIT -- General Motors investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when it reports second-quarter earnings.

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