GM regained the title of the world’s number one automotive group in 2011, but its European division losses must have surely dampened the celebrations.
In fact, the Wall Street Journal reported this week that General Motors is losing its patience with Opel and Vauxhall after their fourth quarter losses and wants to make deeper cuts – and fast. The newspaper cited an unnamed GM source as saying that “if Opel is going to get fixed, it is going to get fixed now and cuts are going to get deep.”
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