General Motors (NYSE:GM) has come a long way since its collapse into bankruptcy in 2009. With help from U.S. taxpayers and some much-improved products, GM today is financially healthy and on a global upswing.
But it isn't as profitable as rivals like Volkswagen (NASDAQOTH:VLKAY) and Toyota (NYSE:TM), and CEO Dan Akerson is pushing hard to close that gap. In this video, Fool contributor John Rosevear looks at GM's plan to improve its profit margins in North America -- and notes that the plan is likely to take a page or two from old rival Ford (NYSE:F).
Fool contributor John Rosevear owns shares of Ford and General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends General Motors. It recommends and 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.
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