After the sale, GM will no longer have an official presence in Europe. Opel and Vauxhall were officially sold to Group PSA who becomes the world’s second largest automaker behind the Volkswagen Group, according to CarThrottle.
While the loss of these two brands doesn’t affect the American consumer directly, it could mean a number of things for GM, including an increased focus on the domestic market or even a plan to increase marketing of their own, more traditional brands in Europe.
Either way, jettisoning the struggling brands should help GM’s bottom line which in turn should improve their existing products. Here’s hoping.