General Motors (GM +2.4%) shares look strong today on a flurry of bullish analyst coverage, but...

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

General Motors (GM +2.4%) shares look strong today on a flurry of bullish analyst coverage, but GM could be hurt by Beijing's decree that it will limit the number of new license plates next year to ease traffic congestion. Dian Chu says the move could spread to other large Chinese cities and cause "a huge blow to the auto industry."