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

Magna says 2019 revenue to be hit by unit sale GlobeBusiness

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Ontario parts supplier Magna may use GM’s Oshawa plant to build vehiclesThere’s a lot of “ifs” attached, but parts supplier Magna might consider building new cars in GM’s closing-down Oshawa, Ontario plant, reports drivingdotca:
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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
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