GM's Sales Gain Ground on Ford's
Despite big success in places like China, General Motors has had a rough time in the U.S. market recently. Products that had fallen behind competitors', plus lingering resentments over GM's 2009 bailout, left GM's market share last year at lows not seen in decades.
That may be starting to turn around, as GM's latest products have impressed critics and buyers alike. Analysts are saying that GM's sales growth in July might outpace Ford's - or put another way, GM looks to be gaining back some of that lost market share. In this video, Fool.com contributor John Rosevear looks at the latest forecasts - and at some of the key factors driving the U.S. auto market right now.
GM has struggled here at home, but the General leads China's auto market, which has become the world's largest. But is GM stock the best way to play China's auto boom? A recent Motley Fool report, "2 Automakers to Buy for a Surging Chinese Market", names two other global auto giants that may be even better-positioned to benefit as China's new-car sales continue to surge. You can read this report right now for free - just click here for instant access.
The article GM's Sales Gain Ground on Ford's originally appeared on Fool.com.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.
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