General Motors Corp. is looking at selling and leasing back some of its non-manfacturing operations in Europe in an effort to raise cash.
The company's European division is asking real estate agent Jones Lang LaSalle for its help in identifying potential buyers.
"Investigations are under way as to what would be viable," says Denis Chick, spokesman for GM's United Kingdom and Ireland division.
According to Chick, properties in the U.K. that could be sold include its headquarters in Luton, a parts warehouse in Luton and an engineering site in Millbrook.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus