General Motors (GM) obliged Barclays analyst Brian Johnson's call on a bottom in auto companies...

|About: General Motors Company (GM)|By:, SA News Editor

General Motors (GM) obliged Barclays analyst Brian Johnson's call on a bottom in auto companies stocks, as shares climbed 3.2% on GM's plan to reorganize global operations. Johnson's focus is on the average age of vehicles on the road today, which are well above historical averages. In the past six months, GM is down 19% and Ford is off 24%.