In this video, Blake Bos outlines three risks to General Motors:
- GM rides the highs and lows of the economy. If the European economy falls flat, for example, GM will feel it in its earnings.
- A substantial unfunded pension liability will eat into earnings for the next few years.
- Corporate culture has begun to improve, as its high-quality popular new cars bear out. Will the trend continue, or will GM slip back into its past habits of mediocrity?
For more details, check out the video.