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Chevrolet to Pull out of Europe in 2015

   Posted by: admin   in Auto Misc., Automobile

In a surprise announcement, Chevrolet has confirmed it will stop selling cars across Europe at the end of 2015. The announcement comes mere days after GM CEO Dan Akerson expressed his wish to put more distance between Germany-based Opel and the Bowtie brand.

When the brand was launched in Europe in 2005, it focused on selling low-cost cars that were little more than rebadged, South Korean-built Daewoos. The business model was unpopular and the company was hit hard by  …  More

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This entry was posted on Thursday, December 5th, 2013 at 10:15 pm and is filed under Auto Misc., Automobile. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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