General Motors (NYSE: GM ) is the largest-selling global automaker in China -- but for several years now, German giant Volkswagen (NASDAQOTH: VLKAY ) has been close behind. So far, GM has been able to maintain its lead. But in some ways, it's already behind: VW's profits in China (and elsewhere) are much greater than GM's.
GM has been steadily profitable under CEO Dan Akerson, but Akerson isn't satisfied -- he is pushing hard to close the gap with VW. In this video, Fool.com contributor John Rosevear looks at the big push GM is making to boost profits in China -- a push that starts with a revival of GM's Cadillac brand.
GM is the leader in China -- but is it the best way to play the Chinese auto boom? A recent Motley Fool report, "2 Automakers to Buy for a Surging Chinese Market", names two other global giants poised to reap the biggest rewards as China's auto market shifts into high gear. You can read this report right now for free – just click here for instant access.