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  • After Investing $400M in Peugeot, GM Might Close Euro Plants

    03/14/2012 11:47:06 PM PDT · by Lazlo in PA · 29 replies
    The Blaze ^ | 03-14-12 | Becket Adams
    General Motors CEO Dan Akerson sat down for an interview with Fortune Magazine’s Adam Lashinsky and admitted that the Detroit automaker might close some of its European plants. “In the U.S., GM was able, through an extraordinary set of circumstances, to take some drastic action: you closed whole factories, you closed whole historic brands in the United States. Can you take, and will you take, drastic action like that in Europe?” Lashinsky asked. Well, just so you understand, prior to their kind of crisis of confidence, if you will, Europeans must, uh, we in America hear about it every day,...