68fastback
03-06-2017, 07:29 PM
GM Exits Europe: Sells Opel, Vauxhall Brands, Finance Operations, 11 Plants, Design Center...
Selling long unprofitable Euro operations to PSA/Peugeot.
Wants to focus more on core business and self-driving cars.
GM has had a presence in the Euro market for nearly 90 years.
brief article... (https://www.washingtonpost.com/news/innovations/wp/2017/03/06/General-Motors-sells-car-brands-Vauxhill-Opel-in-Europe-to-PSA-Group/?utm_term=.3218ff9b9d4b)
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fyi, GM sold 3.9M cars in China in 2016 :faint: ...more than it sold here!
Selling long unprofitable Euro operations to PSA/Peugeot.
Wants to focus more on core business and self-driving cars.
GM has had a presence in the Euro market for nearly 90 years.
brief article... (https://www.washingtonpost.com/news/innovations/wp/2017/03/06/General-Motors-sells-car-brands-Vauxhill-Opel-in-Europe-to-PSA-Group/?utm_term=.3218ff9b9d4b)
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fyi, GM sold 3.9M cars in China in 2016 :faint: ...more than it sold here!