General Motors (GM 0.80%) 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 -0.63%) and Toyota (TM 2.17%) are taking to stay relevant in this important market.