3 Reasons GM Is a Strong Bet in 2014

Incoming CEO Mary Barra is one reason 2014 could be a big year for General Motors. Photo credit: GM.

General Motors  (NYSE: GM  ) has always had the potential to be a dominant global automaker. Like arch-rivals Toyota  (NYSE: TM  ) and Volkswagen  (NASDAQOTH: VLKAY  ) , GM has the scale, the brands, and the talent to be a highly profitable powerhouse.

But GM has yet to realize that promise. It sells far more vehicles than Ford  (NYSE: F  ) , but its profits still trail those of its crosstown rival. Decades of poor management led GM to bankruptcy court in 2009. GM survived only because of a humbling bailout by the U.S. government -- but that humiliation led to a new attitude at General Motors.

CEO Dan Akerson wasn't part of GM when the company ran itself into the ground. But the Wall Street veteran helped get the Detroit giant back on the road, and headed toward a more profitable future. Now Akerson is retiring, and the U.S. government is no longer a GM shareholder. Will 2014 be the year GM finally starts to realize its global potential?

Fool contributor John Rosevear is optimistic about the General's chances. In this short video, he outlines three reasons 2014 could be the year when GM -- free of government restrictions, and with a sharp new CEO -- finally puts the pedal to the metal.

Here's what you really need to know about Obamacare
Obamacare seems complex, but it doesn't have to be. In only minutes, you can learn the critical facts you need to know in a special free report called "Everything You Need to Know About Obamacare." This free guide contains the key information and money-making advice that every American must know. Please click here to access your free copy.


Read/Post Comments (0) | Recommend This Article (0)

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.

Be the first one to comment on this article.

DocumentId: 2783546, ~/Articles/ArticleHandler.aspx, 4/16/2014 6:49:15 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement