GM sees 2013 Europe industry auto sales down 4-5 pct

Newswire

DETROIT, Oct 31 (Reuters) - General Motors Co expects industry auto sales in Europe to fall 4 percent to 5 percent in 2013 from 2012, when sales were the weakest in nearly two decades. Steve Girsky, GM's Europe chief, said on a conference call on Wednesday that the company is not banking on market share gains of its Opel and Vauxhall brands to financially succeed. Girsky also said that GM was cash-flow positive in the third quarter in Europe, even though the ...

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