Will GM's Massive Losses in Europe Continue?
The Opel Mokka crossover, a close sibling of the U.S.-market Buick Encore, has been a sorely needed hit for GM in Europe. Photo credit: General Motors.
As most General Motors shareholders know all too well, Europe has been one of the biggest drags on GM's share price over the last couple of years. Even as China continues to be a bright spot, and the General's U.S. results improve, Europe -- where GM has lost more than $17 billion since 1999 -- still worries Wall Street.
Those worries have started to ease a bit in recent months. GM was able to narrow its losses last quarter, and there are increasing signs that the company's restructuring effort -- just the latest in a long string of attempts to put GM Europe back into the black -- is finally bearing fruit.
How will Europe impact GM's upcoming third-quarter report? In this video, Motley Fool contributor John Rosevear explains how GM is slowly but surely turning its European operation around, and at what shareholders should expect to hear when third-quarter results are released.
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The article Will GM's Massive Losses in Europe Continue? originally appeared on Fool.com.
Fool contributor John Rosevear owns shares of General Motors. You can connect with him on Twitter at @jrosevear. The Motley Fool recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.
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