GM Europe

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General Motors Europe
Type	Divsion of General Motors Corporation
Founded	1911
Headquarters	Zurich, Switzerland
No. of locations	11 manufacturing facilities in 8 countries
Area served	Europe
Key people	Carl Peter Forster, CEO
Industry	Automotive
Products	Automobiles Engines
Services	Financial services
Employees	64,500 (2005)
Parent	General Motors Corporation
Subsidiaries	Opel, Vauxhall Motors, Saab, Chevrolet Europe
Website	gmeurope.com

General Motors Europe (often abbreviated to GM Europe) is responsible for the operation of General Motors Corporation businesses in Europe. GM Europe operates 11 production and assembly facilities in 8 countries, and employs around 64,500 people.^[1] Brands marketed in Europe are Cadillac, Saab, HUMMER, Opel/Vauxhall, Chevrolet, and Corvette.

Contents 1 Overview 2 History 3 See also 4 References 5 External links

[edit] Overview

In Europe, GM operates 11 vehicle production and assembly facilities in eight countries and employs around 64,500* people. Many additional directly related jobs are provided by some 8,700 independent sales and service outlets. In 2005 GM's market share in Europe was 9.4%.

[edit] History

General Motors entered the European market only three years after the company's foundation in 1908. This involved the construction of Chevrolet cars in Denmark in 1923 and Belgium in 1925. This involvement was greatly expanded by the acquisitions of Vauxhall in 1925 and Opel in Germany in 1929. In 1986 GM bought Lotus group in England and 7 years later on August 27, 1993, GM sold the company, for £30 million to owners of Bugatti. GM acquired a 50 percent stake in Saab of Sweden in 1989, taking full ownership in 2000. General Motors also developed a partnership with and acquired a stake in Fiat in 2000. GM divested its minority equity interests and dissolved the partnership in 2005, following a legal fight regarding the conditions of a put option afforded Fiat.

[edit] See also

• General Motors
• Opel
• Saab
• Vauxhall
• Bedford

[edit] References

[edit] External links

• Official Website
• GM Europe Social Media Newsroom
• GM Europe web TV
• GM Europe Corporate Presentation

• Cadillac Europe
• Chevrolet Europe
• Corvette Europe
• Opel International
• Saab International
• Vauxhall UK

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