GM reviewing French site for possible sale

PARIS (AP) -- General Motors says it's considering the sale of its transmission operations site in northeast France that employs about 1,000 people.

The U.S. automaker says it's looking at internal and external options for the site in Strasbourg that includes looking for a potential buyer that would use and benefit from the existing workforce, supply base and customers.

GM financial news manager James R. Cain said Wednesday the strategic review was expected to last several months. GM also said it will continue to study internal powertrain programs for possible production in Strasbourg.

GM's operations in Europe have become the Detroit automotive giant's biggest drain: costs are too high, new products are needed and the economy in parts is teetering on recession.