"GM has been selling cars in the U.S. at deep discount, and while it’s making money in China — and is outsourcing operations there and elsewhere — it’s bleeding losses in Europe. It’s spending billions to ditch its Opel brand there in favor of Chevrolet, including $559 million to put the Chevy logo on Manchester United soccer-team uniforms — and it just fired the marketing exec who cut that deal."
Click below if you want to read more...
http://www.nationalreview.com/articles/314694/bad-worse-obama-s-gm-bailout-michael-barone
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