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Detroit Big 3 Auto Makers On Facemasks

  • Writer: The Money Trade
    The Money Trade
  • Oct 27, 2020
  • 1 min read

Detroit automakers continue to practice using face masks on the assembly line. Workers are complaining but it's the only way to resume production. At CGEI we're not particularly into stocks from the auto sector considering the world is shifting to electric cars. We don't want to discourage investors either.

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The switch to electric cars will effect the oil industry, but automakers will adjust. Ford has a new CEO and is promising to move the company into the future as they try to keep up with the tech industry. Ford is very affordable at $7.98 Div/Yeild 3.6, Fiat Chrysler $12.95 Div/Yeild 4.9, and GM $35.10 Div/Yeild 3.0. Could be a good buy for someone long term.


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Full story

https://www.reuters.com/article/instant-article/idUSKBN27C217

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