General Motors (GM -1.5%) plans to announce within the next couple of weeks the closure of one...

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

General Motors (GM -1.5%) plans to announce within the next couple of weeks the closure of one or two European factories after seeing its operations on the continent lose billions, according to the WSJ. Plants in the U.K. and Germany are reported to be on the chopping block.