Funky Cars > GM’s Daewoo Passes Kia As Korea’s #2 Automaker

[The Auto Writer] Before anyone writes General Motors off, they need to take a closer look at the company’s Asian operations, an area of the world where GM’s business is thriving. Evidence of GM’s success is being made evident as the company’s South Korean automaker, Daewoo, has beat out Kia, to take over the #2 spot in that country.

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[Content-articles.com] GM Daewoo Approves New Mini Car Platforms: "The new mini car platforms (those fitted with 1-liter or smaller engines) developed here in Korea will be manufactured and sold in many mature and emerging markets," says Michael Grimaldi, the new president and chief executive of GM Daewoo Auto & Technology. Grimaldi held his very first press conference at the Bupyeong plant in Seoul, Korea.

Canadiandriver.comhttp://www.canadiandriver.com [Canadiandriver.com] CanadianDriver: First Drive - 2004 Chevrolet Aveo, Optra, Epica: After General Motors Daewoo Auto and Technology Company was formed in 2002, the old Daewoo company, its network of North American dealerships, and their customers were left out in the cold. GMDAT has no association with previous Daewoo dealers, and does not sell or support the older Daewoo models, the Lanos, Nubira and Leganza - even though technically the Aveo is the next generation Lanos and the Epica is a freshened version of the Leganza.

[Autoblog.com] GM adds GM Daewoo to its stable - Autoblog: After selling off its stake in Subaru to Toyota and its Australian I-GM commercial truck business to Isuzu, General Motors is adding some fat to the bone by buying increasing its stake in GM Daewoo from 48.6 percent to 50.1 percent, thus making the Korean automaker a GM subsidiary. GM purchased the additional stake in Daewoo from co-owner Suzuki.

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