Description: General Motors Co. (GM) was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensation for fallen car prices.

Source: Bloomberg.com

Date: Oct 15, 2014

Link: http://www.bloomberg.com/news/2014-10-15/gm-sued-for-10-billion-over-losses-on-27-million-cars.html

Questions for Discussions:

• What are the issues in this report related to financial planning?
• How should management plan for these items going forward?
• How should investors interpret this information with respect to the quality of GM’s management and stock market value?