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BRIEF-GM says anticipates impacts of Brexit to continue through 2017
February 7, 2017 / 5:32 PM / 8 months ago

BRIEF-GM says anticipates impacts of Brexit to continue through 2017

Feb 7 (Reuters) - General Motors Co

* General Motors - Despite improvements co experienced through most of 2016 unable to overcome impacts of Brexit

* General Motors - Brexit resulted in a $0.3 billion unfavorable impact due primarily to adverse movement in British pound against U.S. Dollar

* General Motors says it anticipates the impacts of Brexit to continue through 2017 - SEC filing

* General Motors - Also anticipates headwinds associated with pricing pressures and increased costs associated with depreciation, marketing and costs associated with new product launches

* General Motors - Intend to mitigate the headwinds with full benefit of recently launched Astra and Mokka X along with 2017 launches of the Insignia, Ampera E Source text: (bit.ly/2lkvmjS) Further company coverage:

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