It is nice report good news a last with GM deciding not to sell off its GM Europe that means that they will keep the UK Vauxhall operation open.

Because of an upturn in business, GM is now able to keep hold of its European arm. Previously they were being forced to sell her off after the US company being saved from bankruptcy by the American taxpayer. They obviously could not justify using American taxpayers money to help save European jobs.

Now though with business on the up they can keep hold of both Opel and Vauxhall. This has made them very unpopular for pulling out of the deal so late in the game but they had never really wanted to sell them off in the first place.

This is great news for UK business that will hopefully help instil more confidence in the UK market and engineering sectors.