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Opel

GM Says Adios to European Business

GM exits Europe
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GM’s just-announced deal to sell its long-struggling Opel/Vauxhall subsidiary for $2.5 billion may end the company’s long history in Europe — it acquired Opel in 1929 — but it doesn’t completely end the massive losses for GM, which is expected to take a $4 billion to $4.5 billion hit once the deal closes later this year.

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March 9, 2017 Business, Leadership, Uncategorized
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