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GE’s Lighting and Transportation Businesses Struggle

Andrew Brunton
GE’s Lighting and Transportation Businesses Struggle

Apart from the power business, General Electric’s (GE) Transportation and Legacy segment’s lighting division has also struggled for years. Train budgetary cuts in several global economies and massive competition are hurting the transportation businesses’ revenues and margins. Intensified competition from local and regional players in every market is hurting the lighting division’s sales.