GENERAL MOTORS ONGOING DEADLINE ALERT: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In General Motors To Contact Him Di

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Morgan Stanley’s Adam Jonas bullish on GM and Ford into 2024

December 21, 2023 9:34 AM EST

Adam Jonas and Morgan Stanley released a report this week detailing the research companys bullish stance on Detroit automakers, Ford (NYSE: F) and General Motors(NYSE: GM) into 2024.

Over the past few years, U.S. OEMs have faced significant challenges. Increased interest rates have negatively affected affordability, while the rapid rise of EVs has impacted market share. A situation that led to inventive but risky capital allocation strategies.

Looking ahead to 2024, Jonas believes that there's potential for these challenges to ease, especially if there's a shift towards... More