UPDATE 5-GM to drop Chevy brand in Europe to focus on Opel

Newswire

* GM to shut Chevy in Europe in response to downturn * GM to focus resources on expanding Opel/Vauxhall brands * To result in net special charges of $700 million-$1 billion * Attempted Chevy revamp put it in competition with Opel * Chevy wind-down in Europe to hurt auto production in Korea By Edward Taylor and Ben Klayman FRANKFURT/DETROIT, Dec 5 (Reuters) - In a strategic about-face, General Motors ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×