A company as big as General Motors (NYSE:GM) is always in the headlines, so investors need to know which storylines are actually meaningful to their investment thesis. Motley Fool analyst Austin Smith and industrials analyst Blake Bos take an in-depth look at three things GM investors should keep an eye on: Europe, bailout fallout, and product development.

Austin Smith owns shares of General Motors, American International Group, and Ford. Blake Bos has no positions in the stocks mentioned above. The Motley Fool owns shares of American International Group and Ford and has the following options: long JAN 2014 $25.00 calls on American International Group. Motley Fool newsletter services recommend American International Group, Ford, and General Motors Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.