General Motors Co. is hitting the accelerator on its growth agenda now that it has given up trying to extract a profit from Europe and several tough markets around the globe. GM on Tuesday said it has completed the sale of its Opel AG unit to France’s Peugeot, marking the end of 88 years as a mainline car maker in Europe and nearly two decades of heavy losses despite near-constant restructuring. The deal was first announced on March...

Source: Wall Street Journal August 01, 2017 07:30 UTC