Shares of the Big 3 automakers under pressure after weak April sales

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Shares in the Big Three automakers came under pressure on Tuesday after the trio posted bigger-than-expected falls in their April sales figures.

  • Ford shares: Down 4.47 per cent
  • General Motors shares: Down 3.35 per cent.
  • Fiat Chrysler shares traded in the US: Down 4.95 per cent

The monthly figures have broader economic implications, after US consumption growth weakened sharply in the first three months of this year.

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