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Opel responding to treatment
GM’s European patient finally wheeled out of intensive care
Published: Thu, 01 Aug 2013 20:09:11 GMT
 

Opel Vauxhall badge

“..a business still losing market share and has been under-depreciating” - General Motors Europe cut its losses in the second quarter, but its progress towards financial health still looks strewn with obstacles


GM’s Opel-Vauxhall cut its losses to $110 million in the second quarter from $394 million in the same period of 2012, and the company said this keeps it on target to hit its goal for the year of a loss slightly less than 2012’s $1.8 billion red number. 

This might not look very good until you remember that Opel and Vauxhall have lost $18 billion since 1999
...more

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