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About GM Europe
General Motors Corp. (NYSE: GM), one of the world's largest automakers, was founded in 1908 and today manufactures cars and trucks in 34 countries. With global headquarters in Detroit, GM employs 244,500 people in every major region of the world, and sells and services vehicles in some 140 countries. In 2008, GM sold 8.35 million cars and trucks globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM's largest national market is the United States, followed by China, Brazil, the United Kingdom, Canada, Russia and Germany. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services.
In Europe, GM sells its vehicles in over 40 markets. It operates 10 vehicle-production and assembly facilities in seven countries and employs around 54,500 people. Many additional directly related jobs are provided by some 8,700 independent sales and service outlets.
In 2008, GM - for the third consecutive year - sold over 2 million passenger cars and light commercial vehicles in Europe, achieving a market share of 9.3 percent.
| GM Europe | 2007 | 2008 |
|---|---|---|
| Revenue | $37.4 bn | $34.4 bn |
| Earnings (before tax) | $55 m | $(1,633) m |
| Workforce | 55,651 | 54,500 |
| Vehicles produced | 1,820,039 | 1,725,179 |
| Vehicles sold | 2,181,989 | 2,039,360 |
| Market share | 9.5% | 9.3% |
GM's automotive brands in Europe are Cadillac, Corvette, Saab, HUMMER, Opel, Vauxhall and Chevrolet.
