This Automaker Addresses Its Biggest Weakness
This video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes and consumer goods editor/analyst Austin Smith discuss topics across the investing world.
In today's edition, Brendan and Austin discuss GM's reported plan for trying to shore up its European operations. The company has lost more than $15 billion in Europe since 1999, and CEO Dan Akerson has been extremely vocal that the results are unacceptable. Recent reports indicate that GM will close one or two factories in the continent. GM is finally making tough decisions in Europe, which should help the company get back on track there.
GM is obviously struggling in Europe, but that doesn't mean there aren't huge opportunities for many companies abroad. There are three companies whose international growth stories we're particularly bullish on. If the trend continues, investors could be looking at internationally fueled new stock highs. Uncover them in our special free report: "3 Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!
At the time this article was published Austin Smith has no positions in the stocks mentioned above. Brendan Byrnes owns shares of Ford. The Motley Fool owns shares of Ford.Motley Fool newsletter services recommendFord and General Motors. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.