GM sells European brands to France’s Peugeot

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General Motors is selling its unprofitable European car business to the French maker of Peugeot, marking the American company’s retreat from a major market and raising concerns of job cuts in the region.

With the 2.2 billion euro ($2.33 billion) deal announced Monday, GM is giving up brands — Opel…

fromhttp://www.baltimoresun.com/business/ct-gm-peugeot-opel-vauxhall-20170306-story.html

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