General Motors (NYSE: GM) has been building and selling cars in Brazil for decades, but the car market in this big nation has recently taken off: Some estimates suggest that as many as 40 million Brazilians have joined the middle class over the past decade.
In this video, Fool contributor John Rosevear looks at the state of GM's position in this fast-growing market, and at the competition it faces for a huge crowd of new car buyers.
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.