Photo: General Motors
General Motors has announced that it will be moving its international headquarters from Shanghai, China, to Singapore next year.
GM’s new team in Singapore, which will consists of 120 employees, will oversee markets in southeast Asia, Africa, Australia, India, South Korea, and the Middle East. They will also be managing Chevrolet’s and Cadillac’s European operations.
All told, the shift is part of GM’s desire to isolate its operations in China, and the company says the office in Shanghai will keep about 250 to 300 employees. GM executive vice president of CIO, Stefan Jacoby, explained that the move will help the carmaker “create a renewed identity for CIO (Consolidated International Operations) and lead GM’s umbrella strategy for the region.”
General Motors returns to Singapore after a decade. The American company left the Asian country in 2004, when it moved its Asia-Pacific headquarter to Shanghai. GM arrived for the first time in Singapore in 1993.
Story via FinancialTimes
All told, the shift is part of GM’s desire to isolate its operations in China, and the company says the office in Shanghai will keep about 250 to 300 employees. GM executive vice president of CIO, Stefan Jacoby, explained that the move will help the carmaker “create a renewed identity for CIO (Consolidated International Operations) and lead GM’s umbrella strategy for the region.”
General Motors returns to Singapore after a decade. The American company left the Asian country in 2004, when it moved its Asia-Pacific headquarter to Shanghai. GM arrived for the first time in Singapore in 1993.
Story via FinancialTimes
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