The US largest car manufacturer has suffered financial losses of $443 million, after it left the Russian market. General Motors had made that decision last spring, based on the sharp reduction in its sales volume. Nevertheless, General Motors promised to return to the Russian market in case of a stable economic situation. Despite the fact, that the forecasted losses were $200 million higher, such huge decline in the company’s profits has immediately affected the shares value.
The General Motors shares have already dropped by 0.97% and still continue to fall. Do not miss this great opportunity to earn money on a further reduction. Remember, that trading will be available during the American session, from 13:40 to 20:00 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.