In 2017, General Motors, the largest U.S. automaker, with brands like Chevrolet, Cadillac, and Buick made one of its boldest moves in its history. It sold its European Opel and Vauxhall brand to the French automaker PSA, known for brands such as Peugeot and Citroen. It was the end of an era for GM, which had first ventured into Europe nearly 90 years before. GM left Europe after 20 years of losses, but why did the largest U.S. automaker leave such a big market? Did it simply fail? » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC #GM #GeneralMotors Why General Motors Left Europe
"It's all about how you see yourself in the future." » Subscribe to CNBC Make It.: http://cnb.cx/2kxl2rf As the star of ABC's "Shark Tank," Kevin O'Leary has a decade of experience assessing entrepreneurs who walk into the Tank. And he's learned the inherent difference between...
Vertical Wellness CEO Smoke Wallin on the company's IPO and the outlook for CBD and marijuana. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the...
With over 94 million Costco members worldwide, chances are you know a Costco addict. There are Instagram accounts devoted to Costco, like @costcodeals, and websites, like CostcoInsider.com. Costco has even become a travel destination and - for one couple - a place to get married. Buying in bulk isn't for everyone,...
When Craig Newmark founded Craigslist, he decided to run the company himself and wasn't very open to taking advice. Looking back, he wishes he had a mentor to set him straight. #Craigslist #Mentoring #BusinessAdvice Get social with Inc. on: Facebook: https://www.facebook.com/Inc Twitter: https://twitter.com/Inc...
Sears had everything needed to be an e-commerce leader, but poor decision making and lack of foresight left the retail giant trailing its competitors. Subscribe to Fortune - http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo FORTUNE is a global leader in business journalism with a worldwide...
The cost of home renovations could rise by thousands of dollars thanks to the increase in U.S. tariffs on Chinese goods. WSJ’s Jason Bellini takes a look at how consumers will be affected. Photo: Angus Mordant/Bloomberg Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street...
What is compounding and how does it work? Josh Brown told us that one of his favorite things when educating investors is to show them how compounding works. Compounding investments can help regular investors double their money in the market if they stick with their stocks over the long run. In this video, Josh hits...
As an entrepreneur with experience scouting top talent, "Shark Tank" star Kevin O'Leary had two key pieces of resume advice for his now 25-year-old daughter Savannah when she first started job-hunting: Keep it succinct, and show the prospective employer what you can do for them. » Subscribe to CNBC...
Beyoncé and Jay-Z are called "music's first billionaire couple," but they don't just make money through music— they are entrepreneurs. With their fortune, they buy houses, clothes, jewelry, private jets, donate to charity, and much more. MORE FORTUNE CONTENT: How Taylor Swift Makes And...
