In addition to General Motors' decision to reduce its U.S. car line-up down to four core brands, there comes word of the car company's decision to try to sell its stakes in the UK car brand Vauxhall and Germany's Opel. This follows on the heals of GM's appeal to the Swedish government to help it prop up Saab.
Brand Republic reports that the company said yesterday: "Management is willing to consider strategic third-party partnerships, alliances and equity stakes in case such an approach is seen as beneficial for GM Europe and Opel/Vauxhall's viable and sustainable future."
