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To offset that cost, Houlihan and his colleagues dug into logistics and the supply chain. Shipping some vehicles by sea between Brazilian ports saved money in a market where moving goods by road can be a logistics nightmare black cufflink. Houlihan said that Brazilian logistics savings more than paid for the extra $2 per vehicle GM invested for a rear axle five times stronger than its predecessor in South America.One GM plant in Brazil took over some work on engines and bumpers that had previously been outsourced, saving $120 per vehicle – a significant figure for a low-cost vehicle..
Integrating the head-rest on the front seat for some models saved $7 per vehicle. Chinese suppliers are key to the new GM vehicle line, but the automaker is shifting away from relying on Chinese production. GM has tried to localize costs for these vehicles as much as possible which can help offset currency fluctuations that hit markets like Brazil. That can also mitigate the impact of tariffs. U.S. President Donald Trump has escalated trade tensions with China and has threatened a broad tariff on U.S. autos and parts black cufflink.
“You try and tariff-proof yourself and get it as local as you can,” GM’s Reuss said. GM’s new emerging market lineup will face plenty of competition. Chinese automakers are pushing into some of the same countries GM has targeted. Jeff Schuster, a senior executive at auto forecaster LMC Automotive, said GM’s advantage could last just a few years if rivals follow with their own low-cost models that offer modern amenities to match those in new Chevrolets and Buicks black cufflink. Internally, a key test will be how GM applies the cost-saving strategies used in the global emerging market project to other vehicle programs..
ZURICH (Reuters) – Swiss drugmaker Roche lifted its 2019 outlook on Wednesday, as sales growth in China and the United States outpaced price declines it has suffered amid President Donald Trump’s pressure on the industry to hold down charges. Roche, the world’s biggest cancer drug maker, now sees mid single-digit revenue growth, up from the previous forecast of low- to mid-single digit growth. It sees core earnings per share mirroring sales growth. Drugs division chief Bill Anderson said Roche’s drug revenue is soaring even as it honors a price-freeze pledge it made last year after Trump took to the phone and Twitter to urge companies to back off price hikes black cufflink.
“We haven’t taken any price increases in the U.S. since July 1,” Anderson said on a call. “Overall in the world, our 10 percent sales growth in pharma was based on 15 percent volume growth and 5 percent average price declines across the portfolio.”. Chief Executive Severin Schwan is getting a lift as sales of newer drugs offset erosion of older cancer drugs that face fierce competition in Europe. Multiple sclerosis drug Ocrevus’s sales rose by two-thirds to 836 million francs, while cancer immunotherapy Tecentriq jumped two-fold to 336 million black cufflink. Breast cancer medicine Perjeta rose 41 percent to 870 million francs and Hemlibra, Roche’s new haemophilia A drug, hit 219 million francs..