General Motors (NYSE:GM) 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 (NYSE:F) and Toyota (NYSE:TM) are taking to stay relevant in this important market.