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GM Is Losing Down Under

General Motors' Australian operation is losing money, thanks to cheap imports. Sound familiar? Here's what GM is doing about it.

By John Rosevear – May 19, 2013 at 2:00PM EST

General Motors (GM 0.20%) 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 1.06%) and Toyota (TM 0.11%) are taking to stay relevant in this important market.

Read Next

About the Author

John Rosevear
John Rosevear is a senior contributing Motley Fool auto analyst covering automakers and trends shaping the global auto industry. John’s tenure with the company spans 15 years covering auto stocks, mutual funds, and retirement investing. He is a former CNBC reporter who covered the future of autos, including electric vehicles and self-driving cars. Prior to The Motley Fool, he worked at Fidelity Investments in communications and investor education roles. He holds a bachelor’s degree in government from Cornell University. He once spent an entire day sitting on the floor of Peter Lynch’s office – with Lynch present.
TMFMarlowe

Stocks Mentioned

General Motors Stock Quote
General Motors
NYSE: GM
$74.78
(-0.20%)-$0.15
Ford Motor Company Stock Quote
Ford Motor Company
NYSE: F
$12.11
(-1.06%)-$0.13
Toyota Motor Stock Quote
Toyota Motor
NYSE: TM
$220.77
(-0.11%)-$0.24

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