Improving US car market reason behind GM not selling Opel
Though the withdrawal of the sale came completely out of the blue, some reasons can be tracked.
Ã¢â‚¬Å“The Ã¢â‚¬ËœCash for ClunkersÃ¢â‚¬â„¢ scheme seems to have had a significant effect on car sales,Ã¢â‚¬Â said Patrick Fullick, founder and President of LondonÃ¢â‚¬â„¢s Science Connections company.
He also noted that they have been getting better in the UK and Europe in general, too: Ã¢â‚¬Å“WeÃ¢â‚¬â„¢ve seen a significant uptake this summer in the number of car sales.Ã¢â‚¬Â
Ã¢â‚¬Å“The GM decision has something to do with this, but itÃ¢â‚¬â„¢s difficult to say at this moment whether thereÃ¢â‚¬â„¢s anything strategic in it,Ã¢â‚¬Â Fullick added.