Bye-Bye Chevrolet
Discussion
http://www.am-online.com/news/2013/12/5/chevrolet-...
Chevrolet will cease to exist as a retail brand in the UK by the end of 2015, General Motors has announced.
In a conference call today GM vice chairman Steve Girsky said it will end its presence in Europe due to a challenging business model and the economic difficulties in the continent. GM will focus on the Opel and Vauxhall brands- and select iconic vehicles, such as the Corvette – in western and eastern Europe.
GM’s losses in Europe since 1999 have exceeded $18 billion, including a $214 million deficit in Q3.
Chevrolet will cease to exist as a retail brand in the UK by the end of 2015, General Motors has announced.
In a conference call today GM vice chairman Steve Girsky said it will end its presence in Europe due to a challenging business model and the economic difficulties in the continent. GM will focus on the Opel and Vauxhall brands- and select iconic vehicles, such as the Corvette – in western and eastern Europe.
GM’s losses in Europe since 1999 have exceeded $18 billion, including a $214 million deficit in Q3.
Chicane-UK said:
DOH!!Sorry Mods
awaits the lock.
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