GM's Big Push in Brazil

Updated

General Motors has been building and selling cars in Brazil for decades, but the car market in this big nation has recently taken off: Some estimates suggest that as many as 40 million Brazilians have joined the middle class over the past decade.

In this video, Fool contributor John Rosevear looks at the state of GM's position in this fast-growing market, and at the competition it faces for a huge crowd of new car buyers.

The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

The article GM's Big Push in Brazil originally appeared on Fool.com.

Fool contributor John Rosevear owns shares of Ford and General Motors. The Motley Fool recommends Ford and General Motors and owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement