Morgan Stanley analyst says General Motors (GM +4.1%) needs to divest its struggling Opel unit...

|About: General Motors Company (GM)|By:, SA News Editor

Morgan Stanley analyst says General Motors (GM +4.1%) needs to divest its struggling Opel unit in Europe entirely - instead of trying to manage losses. Though the move would be costly upfront, he sees no other choice. "One of the worst things in the auto industry is owning a cash-burning, resource-consuming business."