General Motors Company (GM) Tops Key Numbers

Page 2 of 2

The upshot: all things considered, a good quarter
GM’s buttoned-down CEO, Dan Akerson, doesn’t fit the stereotype of a Detroit automaker CEO, and that has led many to write him off as out of his depth. But results like this quarter’s are making clear that his insistence on old-school business fundamentals – clear reporting, cost discipline, a strategic global view – are starting to pay off for an organization that was kind of a mess on those fronts for a long time.

Your Foolish auto analysts will have more on GM’s quarter over the next day or two as we hear from GM executives and get more details on what did and didn’t work for America’s largest automaker in the first quarter. Stay tuned.

The article GM Beats Estimates as Turnaround Gains Steam originally appeared on Fool.com.

Motley 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.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2