Monday, February 20, 2012

GM Must Invest at Least US$1 Billion to Fix Opel and Vauxhall, According to Analysts

Final Thursday, GM reported that its European division had posted a US$ 747 million loss ahead of interest and taxes. Whilst that’s an improvement more than the US$ 1.95 billion losses the organization reported in 2010, in the past 13 years Opel and sister firm Vauxhall have expense GM US$ 15.6 billion.
The European economic turmoil that is far from carried out makes for a bleak outlook the estimate for 2012, based on 4 analysts’ predictions, is a US$ 1.2 billion loss for GM's

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