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Auto Manufacturing Headlines

Trump tariffs cause headaches for S&P 500 manufacturers

U.S. President Donald Trump's tariffs on steel and aluminum from China are leading to higher costs for major U.S. manufacturers and causing concerns at other companies, according to executives who spoke to investors in recent days.

UPDATE 4-GM results dented by pickup truck changeover

General Motors Co on Thursday reported better-than-expected first-quarter earnings despite a drop in production of high-margin pickup trucks as it gears up for new models, but investors disappointed by the automaker's lower pre-tax profit sent its shares down more than 2 percent.