Five years after General Motors Corp. rubbed out the independent relationships of its North American divisions, the auto maker is using the same plan to restructure its money-losing European operations. GM Europe (GME) President Fritz Henderson is promoted to the newly created position of GME chairman, and a new operating philosophy is announced that unites numerous functional departments at Vauxhall Ltd., Adam Opel AG and Saab Automobile into pan-European organizations. After just 18 ...

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