While commodities markets panic over record crude oil prices that hit $70.80 per barrel Monday, General Motors Corp. is forecasting prices will settle in around $50 per barrel for the next couple of years. “Our current assumption is we will come off the $67-$68 a barrel price points we’re at, but we are assuming during the next couple of years we could be above $50 a barrel,” Paul Ballew, GM general director-global sales and industry analysis, says during a presentation to securities ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.