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Auto stocks rise and oil prices fall


hades

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I've read this in the internet while monitoring the world-wide oil crisis. I thought you might be interested... Here's an excerpt...

Share prices for automakers climbed by their largest margins in recent months today, while oil prices have dropped by $10 a barrel in two days. Shares of General Motors and Ford Motor Co. each gained more than 15 percent after taking almost daily beatings in the stock market in recent weeks. At close, GM shares finished up $1.64 or 16.6 percent to $11.48 a share. Ford shares closed at $5.

Read more here

Also visit the Autopartswarehouse blog for updates
 

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