General Motors' Australian operation is losing money, thanks to cheap imports. Sound familiar? Here's what GM is doing about it.
General Motors (GM 1.20%) has had a big presence in Australia for decades, but lately, GM's Aussie unit has been a money-loser. The problem is one that's all too familiar to the General: Cheap imports.
In this video, Fool contributor John Rosevear looks at the state of GM's business Down Under -- and at the steps GM and its established local rivals like Ford (F 0.69%) and Toyota (TM -3.23%) are taking to stay relevant in this important market.
Fool contributor John Rosevear owns shares of Ford and General Motors. The Motley Fool recommends Ford and General Motors and owns shares of Ford. We Fools don't 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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