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GM Has Very Big Plans for Chevrolet

General Motors' (NYSE: GM  ) CEO Dan Akerson is pushing hard to turn GM into what it should have been all along: a unified, strong global automaker. As part of that plan, Akerson has been saying that he wants Chevrolet and Cadillac to become truly "global brands" – in the sense that Ford (NYSE: F  ) and Toyota (NYSE: TM  ) , for instance, are global brands.

Several recent moves suggest that this effort is moving into high gear. In this video, contributor John Rosevear explains what's going on at GM – and why it could lead to higher profits in coming years.

China is already the world's largest auto market – and it's set to grow even bigger in coming years. A recent Motley Fool report, "2 Automakers to Buy for a Surging Chinese Market", names two global giants poised to reap big gains that could drive big rewards for investors. You can read this report right now for free – just click here for instant access.

Read/Post Comments (4) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On July 03, 2013, at 11:40 PM, DRayZ wrote:

    As long as they keep making Suburbans, I will continue to buy Chevrolet.

  • Report this Comment On July 04, 2013, at 2:54 AM, dwduke wrote:

    The Chinese like their Buicks. Since the last emporer was given one by the Buick company way back in I think 1910. China does not sway easy at all. Good luck GM.

  • Report this Comment On July 04, 2013, at 8:43 AM, dennypat38 wrote:

    Besides the 25-30 BILLION GM got from Bush Adm and 50 BILLION from Obama Adm, and then they took another 22 BILLION from TARP. They said they paid back part of loan. This nothing but smoke and mirrors, still owe 40-50 BILLION REAL WORLD where is the OUT-RAGE?

  • Report this Comment On July 04, 2013, at 10:13 AM, rednecktrash wrote:

    They will never have to worry. I will never buy another GM product because of the TARP issue. I would prefer to pay my money to someone who doesn't steal from me!

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