Friday, March 27, 2009
GM to pull out from certain European markets
General Motors is to pull its Cadillac brand from half of its European markets in order to focus on the UK, Russia and Switzerland following the collapse of its distributor Kroymans.
Automotive News Europe has quoted a GM source as saying: “We will take it down to less than a dozen markets.”
Cadillac is currently sold in 25 European markets.
DATED: 27.03.09
FEED: AM
Automotive News Europe has quoted a GM source as saying: “We will take it down to less than a dozen markets.”
Cadillac is currently sold in 25 European markets.
DATED: 27.03.09
FEED: AM