GM to integrate Russian business into GM Europe
18 October 2013
General Motors will integrate its business in Russia into GM Europe, the European group of GM, effective 1 January 2014. Currently, the business in Russia is run by GM International Operations (GMIO) based in Shanghai. The move, said GM, is a step to strengthen the position of Opel in the Russian market.
Russia is an important part of the European market and for Opel it is the third biggest market in Europe. All forecasts point out that Russia will become the biggest market in Europe in the next years. Opel enjoys high reputation in Russia. With our strong model portfolio we want to clearly increase our market share.—Dr. Karl-Thomas Neumann, Chairman of Opel/Vauxhall and President, GM Europe
GM brands in Russia are Opel, Chevrolet and Cadillac.
Andy Dunstan, until now Executive Director Sales Central & Eastern Europe and International Operations will take over the management of the business in Russia effective 1 November 2013. Dunstan will report to Dr. Karl-Thomas Neumann. Dunstan follows Jim Bovenzi, who will move to Detroit as Executive Director Global Localization Strategy.
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