Is GM Selling Enough Cars to Hang On?

By John Rosevear – Jul 26, 2013 at 6:33PM

NYSE: GM

General Motors

Market Cap

$52B

Today's Change

(0.48%) $0.22

Current Price

$45.84

Price as of April 26, 2024, 4:00 p.m. ET

GM's global sales were up 3.9% in the first half of the year. Will that be enough to hold off surging global rivals like Volkswagen?

General Motors (GM 0.48%) recently announced that its worldwide sales were up 3.9% in the first half of 2013. That's not an awful result -- at least they weren't down -- but Volkswagen (VWAGY 1.26%), among others, did better. And VW is determined to overtake GM in the global sales race. Can GM hold off its German rival?

In this video, Fool.com contributor John Rosevear looks at the numbers from around the world -- and explains that in the race that really matters, GM is already far, far behind Volkswagen and Toyota (TM 0.60%).

Fool contributor John Rosevear owns shares of General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends General Motors. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.