And World Business report. Va va voom the press are at the Geneva Motor Show taking in the latest models but despite Record Sales Profitability remains low in europe we find out why. And economic gloom for brazil as its set to reveal another year of recession. Politicians promise it will end but its already led to misery for millions of brazilians. Welcome to World Business report. Im sally bundock. Also in the Programme Shop shut we tell you why one of south koreas leading retailers is forced to close several stores. Details in a moment. But first, european carmakers are gathered in geneva for the annual motor show and they are celebrating record breaking sales figures. More than 15 million cars were sold in europe last year thats the best result since the financial crisis. But a sneaky peak under the bonnet of the continents automakers reveals a different story. Yesterday, General Motors sold its european businesses to the psa group thats the company which owns peugeot and citroen. T