Friday, April 26, 2013

Why Cadillac Is Key to GM's Profits

General Motors (NYSE: GM  ) sold more vehicles than any company other than Toyota (NYSE: TM  ) in 2012, but its profits lagged those of many rivals. One reason: GM lacks a global luxury brand. In this video, Fool.com contributor John Rosevear looks at GM CEO Dan Akerson's big plans for Cadillac -- and why that's important for GM's pursuit of stronger profits.

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