GM Europe: Still Needs Work
Jul 19th 2013 6:03PM
Updated Jul 19th 2013 6:08PM
Despite its taxpayer-funded reboot in 2009, General Motors is still a work in progress. Nowhere is that more evident than in Europe, where GM lost over $1.7 billion last year -- but losses last quarter were much less than expected, as restructuring moves began to take hold.
Still, nothing would help GM's case in Europe like a boost in sales -- but so far, European car-buyers aren't cooperating. In this video, Fool.com contributor John Rosevear looks at the latest sales numbers from Europe -- and at the moves CEO Dan Akerson is making to try to get the Detroit giant back on track in the Old World.
The article GM Europe: Still Needs Work 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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