The U.S. Treasury is selling 40% of its stake in General Motors (NYSE:GM), a sale valued at $5.5 billion. GM is the last of the big automakers still partially owned by the government after the auto industry bailout. In this video, Motley Fool industrials analyst Isaac Pino discusses why the deal has caused a short-term jump in share prices and cautions investors to take a broader perspective on this industry, and its headwinds, before basing any investment decisions on this deal.
Isaac Pino, CPA, has no positions in the stocks mentioned above. The Motley Fool owns shares of AIG and Ford and has options on AIG. Motley Fool newsletter services recommend AIG, Ford, and General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
