Company Overview of General Motors Europe AG
General Motors Europe AG produces, sells, and services cars and trucks in Switzerland and internationally. The company offers passenger cars, commercial vehicles, and automotive services, as well as vehicle safety, security, and information services. It offers products through distributors and a network of dealers. The company was founded in 1986 and is based in Glattbrugg, Switzerland. General Motors Europe AG operates as a subsidiary of General Motors Europe Holdings, S.L.
Founded in 1986
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Key Executives for General Motors Europe AG
Chief Executive Officer of Saab Automobile and President of Saab Automobile
Vice President and General Counsel
Chairman of U K Operations
Managing Director of Vauxhall
Compensation as of Fiscal Year 2015.
General Motors Europe AG Key Developments
GM Europe Announces Earnings Results for the Second Quarter of 2015
Jul 23 15
GM Europe announced earnings results for the second quarter of 2015. For the quarter, the company reported EBIT- adjusted of $0.0 billion. This compares with LBIT-adjusted of $0.3 billion in the second quarter of 2014, which included $0.2 billion for restructuring costs.
GM Europe Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Feb 4 15
GM Europe (gme) reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported LBIT-adjusted of $0.4 billion, which includes $0.1 billion for restructuring costs. This compares with $0.4 billion in 2013, which also included $0.1 billion in restructuring costs. Total net sales and revenue was $5,415 million against $5,708 million a year ago. Expenditures for property were $300 million against $256 million a year ago.
For the full year, LBIT-adjusted was $1.4 billion, which includes $0.7 billion in restructuring costs. This compares with LBIT-adjusted of $0.9 billion in 2013, which included $0.2 billion in restructuring costs. Total net sales and revenue was $22,235 million against $21,962 million a year ago. Expenditures for property were $887 million against $818 million a year ago.
GM Europe Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
Oct 23 14
GM Europe announced unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported negative EBIT-adjusted of $387 million against $238 million a year ago.
For the nine months, the company reported negative EBIT-adjusted of $976 million against $504 million a year ago.
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