Description:Â Â General Motors Co posted fourth-quarter results that topped Wall Street expectations, but its shares fell below their IPO price as investor concerns shifted to the pressure from rising oil prices and higher costs of launching and selling new cars.
Questions for discussion:Â
- Summarize the financial results reported for GM?
- Do you share the concerns that rising oil prices can have on the firm?
- How should financial managers respond in the short-run to deal with this concern?
- How should investors regard the firm?