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General Motors, the US car giant, has said it plans to withdraw its Chevrolet brand from Europe and concentrate more on its Opel and Vauxhall brands.

The withdrawal will begin from 2016, the company said. Chevrolet would no longer have a "mainstream presence" in the region, largely thanks to "the difficult economic situation", GM said.

But it has been losing money in the region, where a mature and saturated car market, coupled with a fragile economy, has stifled growth. GM chief executive Dan Akerson said the decision would "allow us to focus our investments where the opportunity for growth is greatest".

Adam Sandler is one of the few actors in Hollywood who can still demand a paycheck north of $15 million. That’s great for his bank account but not always so great for the studios that employ him.

Jack & Jill grossed $150 million but the film cost an estimated $80 million to make. Considering studios take home about half of box office receipts, that means only about $70 million flowed to Sony Sony, which also had to pay to advertise the stinker.

. We estimate that for every dollar Sandler was paid on his last three movies, the films returned an average of $3.40.