Wall Street Miffed Over GM's Confusing Global Strategy, Wants it to “Chop More Wood”

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General Motors was the world’s number one automaker in 2011 and this year, its share value has increased by more than 25 percent to around US$25.50. The good news is that this figure outperforms the Standard & Poor’s 500 index 16 percent rise; the bad news is that it falls below its 2010 public offering of US$33 per share.

Its cash-burning European operations and the alliance with PSA Peugeot Citroen, which has still not crystallized, along with worries over China’s new car market rate of growth slowing down are, according to Reuters, making Wall Street nervous.

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