By Wikipedia General Motors Corp. said Tuesday it has signed an agreement to sell its unit Saab Automotive to Sweden's Koenigsegg Group AB, confirming an…
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General Motors Europe (often abbreviated to GM Europe) is responsible for the operation of General Motors Company ("GM") businesses in Europe. The division was established by GM in 1986 and operates 11 production and assembly facilities in 8 countries, and employs around 64,500 people. GM's core European brands are Germany-based Opel and UK-based Vauxhall, which sell much the same range of cars in different markets. It also owns the Swedish marque Saab. The U.S. brands Corvette, Hummer and Cadillac are imported into Europe in small quantities, and vehicles from GM's Korean subsidiary GM Daewoo are sold in Europe rebadged as Chevrolets.
