Morgan Stanley’s Jonas downgrades Ford and GM, citing China competition, problems with U.S. consumer

The outlook for the U.S. auto industry is getting worse, which could put pressure on Ford Motor and General Motors, according to Morgan Stanley’s Adam Jonas.

Sep 26, 2024 - 00:00
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Morgan Stanley’s Jonas downgrades Ford and GM, citing China competition, problems with U.S. consumer
The outlook for the U.S. auto industry is getting worse, which could put pressure on Ford Motor and General Motors, according to Morgan Stanley’s Adam Jonas.