GME meaning in Business ?

Answer:

What is General Motors Europe mean?

General Motors Europe (often abbreviated to GM Europe) was responsible for the operation of General Motors ("GM") businesses in Europe. The subsidiary was established by GM in 1986 and operated 14 production and assembly facilities in 9 countries, and employed around 54,500 people. GM's core European brands were Vauxhall and Opel, which both sell much the same range of cars in different markets. GM also owned the Swedish brand Saab until early 2010 and sold Chevrolet models between 2005 and 2015. The U.S. brand Cadillac is imported into Europe in small quantities. In 2009, General Motors (GM) announced to move its European headquarters from Zürich, Switzerland to Rüsselsheim, Germany to strengthen its German subsidiary Opel.

Currently (2020), General Motors's European operations are conducted by Cadillac Europe GmbH (distribution of Cadillac vehicles and Chevrolet sports cars) and GM Auto LLC (ООО Джи Эм Авто) (a separate subsidiary that distributes the Chevrolet Camaro, Tahoe, and Traverse in Russia).

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