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Oem Coverage

Daimler cuts 2018 profit outlook as tariffs strike U.S.-made SUVs

Daimler said profit would fall in 2018 as new import tariffs on light vehicles exported from the United States to China would hurt sales of high-margin Mercedes-Benz SUVs.


GM starts work on $65 million parts distribution operation

GM is expanding its ACDelco and Genuine GM Parts operations with a $65 million processing center. The project represents GM's largest outlay for a U.S. warehousing and logistics operation in nearly 40 years.

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