Martinrea earnings up 28% in Q3 despite GM strike
$4 billion revenue target pushed back to 2021 after several auto companies pushed back vehicle programs.
Stelco reports earnings of $125M in Q3, a sharp jump from last year
Volumes shipped by the Hamilton steelmaker surged more than 42% to 586 million tons.
Tariffs force some automakers to dim earnings outlook
Significant increases in commodity costs blamed for GM’s expected lower profits.