Lower Oil Good for Ford, General Motors, Bad News for Tesla
December 19, 2014 at 12:02 PM EST
JPMorgan’s Ryan Brinkman think cheaper oil will be good news for General Motors (GM), Ford Motor (F), American Axle & Manufacturing (AXL) and Goodyear Tire & Rubber (GT). They explain why: Agence France-Presse/Getty Images We believe the auto industry may benefit disproportionately relative to other industries from consumers having more money to spend on all [...]