Magna says 2019 revenue to be hit by unit sale, GM’s Oshawa plant closing

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Magna expects 2019 sales to be hurt by strong U.S. dollar, sale of fluid pressure and controls businessMagna says it expects total sales of US$40.2 billion to $42.4 billion for 2019
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GM rejects Unifor proposals to keep Oshawa assembly plant open past 2019The company says the options suggested by the union would mean substantial incremental cost increases and hurt its competitive position Next time big business needs bailout let them go bankrupt
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