GM told cut your losses with Opel-Vauxhall

2012-09-07 34

Dump Opel and Vauxhall - that was the blunt message to General Motors from analysts at Morgan Stanley.

They point that GM's decision not to sell its European division three years ago has cost the US carmaker 12.5 billion euros and suggested a sale could lead to a 50 percent increase in GM's share price.

Opel Vauxhall has not made a profit in 13 years.

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