The following video is from today's MarketFoolery podcast, in which host Chris Hill, along with Bryan Hinmon, Jason Moser, and Joe Magyer, discuss the latest business news. General Motors reported a 41% drop in second-quarter profits, and shares were down more than 2% as a result. Not surprisingly, GM did well in North America and Asia but posted a big loss in Europe. In this segment, the guys analyze the challenge Europe poses for GM and Ford and why, despite that challenge, GM is a stock that still has room to run. Bryan also analyzes why AutoZone may be a stock for investors interested in the automotive industry but not the automakers themselves.
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