Manufacturing

UAW strike could upend GM, Ford financial strategies as Q3 reports loom

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GM pickets in Lansing, Mich. (JACK HALLAUER)
JW
By:
Joe White
R
By:
Reuters
|
October 16, 2023 12:03 PM

DETROIT — General Motors and Ford Motor Co. have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, all funded by robust profits from combustion trucks, crossovers and SUVs.

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