The year that is ending tomorrow night has certainly been a strange one for investors: while the Standard & Poor’s 500 will end flat, stock prices of the automotive industry have experienced a great fall.
After all that’s happened this year with the Euro debt crisis and the U.S. avoiding one at the 11th hour, this was more or less to be expected.
What is surprising though is that the worst performer in terms of stock price is the car company that has regained the number one position globally and rolled out many new competitive products. And yes, we are talking about General Motors, which saw its share price drop by 46 percent!
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