Press Play with Madeleine Brand
Low Gas Prices Not So Great for Car Companies
The price of oil has fallen below $60 per barrel for the first time in five years. This, of course, is good news for drivers at the gas pump. While it is leading to increased sales of some vehicles, the plunging prices are not all good news for car manufacturers. We discuss that and more with our regular auto industry commentator.
By Madeleine Brand • • 1 min readThe price of oil has fallen below $60 per barrel for the first time in five years. This, of course, is good news for drivers at the gas pump. While it is leading to increased sales of some vehicles, the plunging prices are not all good news for car manufacturers. We discuss that and more with our regular auto industry commentator.
