General Motors (NYSE:GM) became one of America's most unpopular companies in the wake of its $49.5 billion taxpayer-funded bailout. But there are more and more signs that GM is following in Ford's (NYSE:F) footsteps and becoming a great turnaround story. In this video, Motley Fool contributor John Rosevear lists three good reasons to consider buying GM now, and goes into detail about the current state of GM's push to become a top global contender.

Motley Fool contributor John Rosevear owns shares of Ford and General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. 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.