A Big Move That Won't Fix This Automaker's Problem
The following video is part of our "Motley Fool Conversations" series, in which industrials editor and analyst Brendan Byrnes and consumer goods editor and analyst Austin Smith discuss topics across the investing world.
In today's edition, Brendan and Austin discuss GM's recent decision to purchase a 7% interest in French automaker Peugeot. This looks to many like a curious decision in light of the problems facing Europe's auto industry. The main issue right now is an overcapacity problem that is driving costs higher. This deal with Peugeot won't solve that problem, but is it still worthwhile for GM?
Every now and then, we come across a stock that has us so excited we can hardly contain our investing enthusiasm. We've uncovered one such pick with so much promise that we've dubbed it "The Motley Fool's Top Stock for 2012." We've created a special free report for investors to uncover this soon-to-be rock star. The report highlights a company that is revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here to download it now.
At the time this article was published
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.