GM Follows Ford's Path to Profits

General Motors (NYSE: GM  ) has come a long way since its collapse into bankruptcy in 2009. With help from U.S. taxpayers and some much-improved products, GM today is financially healthy and on a global upswing.

But it isn't as profitable as rivals like Volkswagen (NASDAQOTH: VLKAY  ) and Toyota (NYSE: TM  ) , and CEO Dan Akerson is pushing hard to close that gap. In this video, Fool contributor John Rosevear looks at GM's plan to improve its profit margins in North America -- and notes that the plan is likely to take a page or two from old rival Ford  (NYSE: F  ) .

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