08-02-2017 20:08 via feedproxy.google.com

Morgan Stanley's top auto analyst suggests GM could be broken up (GM)

On Wednesday, General Motors reported fourth-quarter and full-year 2016 earnings. For the quarter, GM beat expectations. Global sales for the past year were a record for the company.
And the market did what it has grown accustomed to doing with GM stock, sending shares into a dive (they had been rallying nicely as part of the so-called "Trump Bump"). The main source of concern is that GM's North American profit margins eroded at the end of 2016, "to 8.4 percent, from 10 percent a year 
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