Ford and GM battled through the recession, one taking a bailout to wipe debt from its books and one leveraging its blue oval namesake for a large loan to restructure on its own. Regardless of your feelings about how each company weathered the financial crisis, both have emerged much more stable and successful companies. Detroit is producing vehicles that people want to buy and that are available in smaller, popular, and more fuel-efficient segments.
I think that’s why GM and Ford Motor Company (NYSE:F) will continue to regain decades of lost market share in the U.S. and better expand globally. With General Motors Company (NYSE:GM)’s large head start over Ford internationally, it is the only domestic automaker with a chance to top Toyota Motor Corporation (ADR) (NYSE:TM) anytime soon. I think it’s very possible we’ll witness GM break 10 million in global sales by 2015 – the first automaker to ever accomplish that feat. Now if General Motors Company (NYSE:GM) can just take a page out of Ford Motor Company (NYSE:F)’s book and create a leaner operation, consolidate platforms, and improve economies of scale, then it could return to be the most dominant global automaker. Ultimately, both Ford Motor Company (NYSE:F) and GM represent valuable investments as we watch the automotive industry rebound globally, even if Toyota Motor Corporation (ADR) (NYSE:TM) holds the sales crown currently.
The article GM Narrows Gap on Global Sales Crown originally appeared on Fool.com and is written by Daniel Miller.
Fool contributor Daniel Miller owns shares of Ford and General Motors Company (NYSE:GM). The Motley Fool recommends Ford and General Motors Company (NYSE:GM). The Motley Fool owns shares of Ford Motor Company (NYSE:F).
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