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What's behind General Motors' decision to withdraw Chevy from Europe?

ChevyCruzeFuelEconomy004.jpg
Chevrolet
Chevy's models will be withdrawn from European markets.

Today, General Motors announced plans to largely withdraw its Chevrolet brand from Europe beginning in 2016.

The automaker says the decision was largely due to a challenging business model and the difficult economic situation in Europe.

Meanwhile, the Ford Mustang is celebrating its 50th birthday with a new design — and plans to go global.

Russell Padmore, business reporter for the BBC, joins us from London to talk about the latest auto news.

Listen to full interview above. 

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