GM exits Europe via $2.3 bln Peugeot deal

General Motors Co. on Monday said it would sell its European business for EUR2.2 billion ($2.33 billion), as the U.S.’s biggest auto maker withdraws from a region where it hasn’t made money for almost two decades. Peugeot SA will pay EUR1.3 billion for GM’s Opel and Vauxhall brands, the companies said Monday. GM’s financial operations Read More