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General Motors Europe [1] (often abbreviated to GM Europe) was the European subsidiary of the American automaker General Motors ("GM"). The subsidiary was established by GM in 1986 and operated 14 production and assembly facilities in 9 countries, and employed around 54,500 people. [ 2 ]
General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac, each a separate division of GM.
Alternative or translated names were "General Motors Schweiz AG", "General Motors Svizzera SA" and "General Motors Switzerland Ltd." [7] On 13 April 2004, there was a merger agreement with Saab Automobile Schweiz AG, which was acquired. [8] Saab belonged to General Motors at the time. On 14 April 2004, the head office was relocated to Opfikon. [9]
General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market November 15, 2024 at 8:53 AM FILE - The Chevrolet logo is seen at a new and used vehicles ...
The company was dissolved with the end of 2012 due to the alliance of PSA Peugeot Citroën with General Motors. Changan PSA was a 50–50 joint venture with the Chinese Chang'an Automobile Group, based in Shenzhen with an initial annual production capacity of 200,000 vehicles & engines. [76] It produces cars of the DS Automobiles brand.
Located at 7600 General Motors Blvd. General Motors Blvd. was renamed Antoine Blvd. in 2013. A portion of the complex is now used by Glovis America, a Hyundai Automotive Group subsidiary, for a vehicle logistics and processing center for Hyundai and Kia vehicles.
Shares of General Motors surged almost 10% Tuesday after the automaker posted a $3 billion third-quarter profit, slightly less the same period a year ago. GM's stock closed up 9.8% at $53.73, the ...
In 2009, GM had renamed itself as General Motors Company, creating its former appellation: General Motors Corporation. On May 30, 2009, it was announced that a deal had been reached to transfer GM's Opel assets to a separate company, majority-owned by a consortium led by Sberbank of Russia (35%), Magna International (20%), and Opel employees (10%).