GM Finally Cuts Its Losses
May 8th 2013 6:01PM
Updated May 8th 2013 6:20PM
Last week, General Motors reported that it lost $175 million in Europe in the first quarter -- much less than expected and much less than rival Ford .
GM has lost more than $17 billion in Europe since 1999. Its problems there are chronic -- and deep. But is it finally on the road to recovery? In this video, Fool contributor John Rosevear looks at GM's progress and at how far the General still has to go in the Old World.
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The article GM Finally Cuts Its Losses originally appeared on Fool.com.Fool contributor John Rosevear owns shares of Ford and General Motors. Follow him on Twitter at @jrosevear. Follow him on Twitter at @jrosevear. The Motley Fool recommends and owns shares of Ford. It also General Motors. 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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