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.

John Rosevear
John Rosevear
May 19, 2013 at 2:00PM
Industrials

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.