GM's Latest German Car Is ... Korean?
May 26th 2013 4:00PM
Updated May 27th 2013 1:00AM
General Motors has lost a fortune in Europe over the past decade-plus: more than $17 billion since 1999. Those losses finally began to narrow in the first quarter, thanks to some painful restructuring -- and thanks to a new hit product, the Opel Mokka SUV.
But there's a catch to the Mokka's success: It's built by GM in South Korea, not in Europe. In this video, Fool contributor John Rosevear looks at why the Mokka's success could be a complicated victory for GM as it continues to wrestle with its German labor union over much-needed cuts.
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The article GM's Latest German Car Is ... Korean? originally appeared on Fool.com.Fool contributor John Rosevear owns shares of General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends General Motors. 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.
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