GM shifts from bigger is better to less global, more profitable

By Joseph WhiteDETROIT (Reuters) - General Motors Co’sdeal on Monday to sell its European operations to France's PSA Groupdoubles down on a bet that the company can win by being less global but more profitable in an auto industry increasingly dependent on software and services.Without the German Opel and British Vauxhall brands, GM last year would have sold about 8.8 million vehicles, far behind Germany's Volkswagen AGand Japan's Toyota Motor Corpin the race to be the world's largest autom