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Topic: GM Daewoo


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In the News (Sun 3 Jun 12)

  
  Green Car Congress: GM Makes GM Daewoo a Subsidiary
GM has increased its ownership of GM Daewoo to 50.1%, thereby making the Korean maker of small cars a subsidiary.
Exports of GM Daewoo vehicles in October rose 45% to 103,123 units from last October’s 71,095 units, exceeding 100,000 units on a monthly basis for the first time in the company’s three-year history.
GM Daewoo’s domestic sales in October rose 5.3 percent to 9,508 units from 9,032 units in the same month last year.
www.greencarcongress.com /2005/11/gm_makes_gm_dae.html   (436 words)

  
 Daewoo - Wikicars
Daewoos were first sold in the United States and around the world as the Pontiac LeMans, a model based on the Opel Kadett E. The Saehan Bird, based on the General Motors T-car platform, was exported to Malaysia as the Opel Gemini; this was also known in South Korea as the Daewoo Maepsy.
Daewoo also invested into Poland's FSO car factory in 1995, forming a joint venture for assembly of the Matiz microcar, a successor to the Tico that was very popular in the Eastern European market.
Holden Statesman (rebadged as a Daewoo Statesman in Korea)
www.wikicars.org /en/Daewoo   (1875 words)

  
  GM Daewoo to rehire laid off workers - Boston.com
Detroit-based GM created GM Daewoo in 2002 after acquiring a majority stake in Daewoo Motor, which was declared bankrupt in 2000 with billions of dollars in debt after years of reckless expansion on borrowed money.
GM Daewoo said that 1,081 of the workers have already been rehired, while the remaining workers will return to their jobs in May. The company said it is accepting applications until the end of March from 80 workers who have yet to apply for reinstatement.
GM Daewoo said it had a record year in 2005 with sales breaking the one million mark for the first time.
www.boston.com /business/articles/2006/03/16/gm_daewoo_to_rehire_laid_off_workers   (386 words)

  
 PDA-версия сайта kolesa.ru
Holden к концу этого года ликвидирует австралийский филиал GM Daewoo и эта марка полностью уйдет с рынка страны.
GM Daewoo Australia полностью принадлежит Holden, филиал был открыт в 2002 году, в него инвестировали средства General Motors и GM Daewoo Automotive and Technology.
GM Daewoo в 2003 году продала в Австралии 8.143 автомобилей, что на 13 процентов меньше показателя 2002 года, когда было продано 9.377 машин.
www.kolesa.ru /pda/news/id/10364.html   (168 words)

  
 cars - GM Daewoo
GM Daewoo Auto and Technology (GM Daewoo or GMDAT) was first established as National Motor in 1937 in Bupyeong-ku, Incheon, South Korea.
Daewoos were first sold in the United States and around the world as the Pontiac LeMans, a model based on the Opel Kadett E. The Saehan Bird, based on the General Motors T-car platform, was exported to Malaysia as the Opel Gemini; this was also known in South Korea as the Daewoo Maepsy.
In Canada and India, the Daewoo Lacetti is sold as the Chevrolet Optra (hatchback being Optra5), and in China, it is the Buick Excelle (the hatchback being the Excelle HRV).
www.carluvers.com /cars/GM_Daewoo   (1219 words)

  
 Daewoo - Wikicars
Daewoos were first sold in the United States and around the world as the Pontiac LeMans, a model based on the Opel Kadett E. The Saehan Bird, based on the General Motors T-car platform, was exported to Malaysia as the Opel Gemini; this was also known in South Korea as the Daewoo Maepsy.
Daewoo also invested into Poland's FSO car factory in 1995, forming a joint venture for assembly of the Matiz microcar, a successor to the Tico that was very popular in the Eastern European market.
Following the GM buyout in 2002, GM Daewoo lost interest in its overseas assets; the deals on supplies of pre-assembled CKD kits will end in 2005 and the facilities are likely to rely on its own production capabilities from that point on.
wikicars.org /en/Daewoo   (1875 words)

  
 GM Daewoo and ebay.co.uk host charity car auction   (Site not responding. Last check: )
GM Daewoo has teamed up with eBay, the world's online marketplace, to hold a unique charity car auction to help raise vital funds for NCH, one of the UK's leading children's charities.
GM Daewoo auction a Daewoo Kalos 1.2 Xtra five-door family hatchback on eBay.co.uk on December 1, 2003.
GM Daewoo's e-commerce and direct marketing manager, Matthew Young said: "As a company with strong family appeal and values it is appropriate we support a charity which does so much good work for children and families in the local community.
www.gmeurope.com /news/2003/news_031125b.html   (324 words)

  
 New GM Daewoo organization established in Portugal
GM Daewoo Portugal was established on April 1st.
GM Daewoo Portugal is a fully owned subsidiary of GM Daewoo Auto and Technology Company (GM DAT) and is partly integrated into Opel Portugal, which will soon change its name to General Motors Portugal.
GM Daewoo Portugal has a network of 33 distributors and authorized repairers.
www.gmeurope.com /news/2004/news_040414.html   (201 words)

  
 GM Daewoo Files Suit Against Chery
General Motors (GM) Daewoo is suing the Chinese car manufacturer, Chery Automobile Company, for allegedly copying the design of one of its vehicles.
GM Daewoo contends that Chery's QQ is a copy of GM Daewoo's Spark, a model based on its Matiz.
GM Daewoo claims that the Chery QQ is uncannily similar to the Spark in terms of body structure, exterior and interior design, and key components.
www.china.org.cn /english/2005/May/128155.htm   (381 words)

  
 GM exec bullish on South Korea - Boston.com
GM Daewoo was created in 2002 after Detroit, Mich.-based GM acquired Daewoo Motor Co., the automobile unit of the Daewoo Group.
GM Daewoo exports some models, such as the Aveo small car, which it builds for Chevrolet, to the United States.
In a symbol of GM Daewoo's transformation, the company announced in March 2006 it was rehiring all 1,725 assembly line workers laid off in 2001 by Daewoo Motor, which went bankrupt in 2000.
www.boston.com /business/articles/2007/04/17/gm_executive_praises_south_korea_unit   (445 words)

  
 UGS: About Us: Customer Case Studies and Videos: GM Daewoo   (Site not responding. Last check: )
GM Daewoo Auto and Technology Co. (GM Daewoo) manufactures vehicles, engines and transmissions at four facilities in Korea as well as an assembly facility in Vietnam.
GM Daewoo products are also assembled at GM facilities in China, Thailand, India, Colombia and Venezuela.
In addition to these external challenges, GM Daewoo participates in General Motors' global network, driving the worldwide export of its vehicles and technology.
www.ugs.com /about_us/success/gm_daewoo.shtml   (875 words)

  
 GM-Daewoo Deal Done - The Car Connection
Daewoo's struggling sales arm in North America was specifically cut out of the deal, although GM finally appears to have agreed to honor the 10-year warranties Daewoo has tacked on to thousands of cars it has sold in the United States in recent years.
GM also said new company will continue to use the Daewoo brand in Korea, in countries where overseas subsidiaries are acquired such as those in Western Europe, and in certain countries where independent distributors exist.
Daewoo Motor Company overseas plants, such as the one in Poland, that are not being acquired by the new company, will continue to be supplied parts, components and technical assistance from the new company for a period of time but will probably be put up for sale or closed.
www.thecarconnection.com /index.asp?article=4869   (988 words)

  
 The Korea Times : GM Daewoo Launches Fuel Cell Project   (Site not responding. Last check: )
GM Daewoo also announced that it is launching a feasibility study to determine ways to integrate Korean suppliers on the fuel-cell project.
Given the high costs of development, GM Daewoo’s plans will require significant support and the company is calling on the Korean government to create a strong policy and infrastructure environment to that effect.
GM Daewoo officials are calling hybrid solutions an interim step that fills demand and reduces energy consumption but, in the long term, does not solve fundamental energy security issues.
times.hankooki.com /lpage/biz/200511/kt2005111622192011910.htm   (546 words)

  
 PakWheels.com : GM Daewoo Unveils Futuristic Cars.... (AutoMobile News...)
GM Daewoo held a ceremony, named ``Tech Tour,’’ to showcase a hybrid version of the S3X sport utility vehicle and General Motor’s fuel cell vehicle Hy-Wire at its plant in Pupyong, with some 100 participants on hand, including Commerce-Industry-Energy Minister Lee Hee-beom and Environment Minister Kwak Kyul-ho.
GM Daewoo aims to retail 120,000 S3X units in the first year, including to Europe and China, according to Reilly.
With the introduction of GM Daewoo’s hybrid model, competition in the development of futuristic cars among domestic carmakers is expected to heat up, although South Korean automakers are relative latecomers in the development of these vehicles.
www.pakwheels.com /forumreply_az_TopicID!1040~ForumID!14~pw.html   (591 words)

  
 AutoCityIndia : GM Daewoo to invest $3.2 bln to meet rising demand
GM Daewoo spent about a total of 3 trillion won from 2002 to 2006 on new car development, production facilities and research and development.
The spokesman said GM Daewoo might expand its factories to accommodate increasing demand, although details of the investments, such as a time frame, have not been decided yet.
GM Daewoo expects its sales to rise about 20 percent to 1.7 million-1.8 million units this year, after the company sold 1.53 million units, including kits, last year.
www.autocityindia.com /NewsArticles/2007/3/27/2007327090249.html   (238 words)

  
 GM Daewoo - Definition, explanation
GM Daewoo Auto & Technology (GM Daewoo or GMDAT) was first established as National Motor in 1937 in Bupyeong-ku, Incheon, South Korea.
Daewoo also invested into Poland's FSO car factory in 1995, forming a joint venture for assembly of Daewoo Matiz microcar, a successor to Daewoo Tico very popular in the Eastern European market.
Following the GM buyout in 2002, GM Daewoo lost interest in its overseas assets; the deals on supplies of pre-assembled CKD kits should end in 2005 and the facilities are likely to rely on its own production capabilites since that point.
www.calsky.com /lexikon/en/txt/g/gm/gm_daewoo.php   (1361 words)

  
 RTÉ.ie Motors: GM Daewoo Lacetti - Favourable First Impressions
I spent a day testing the new Lacetti (Daewoo 'Lanos' replacement) in the hills around Biarritz recently and must say that at a fiver under 17 grand the car cannot be ignored.
The exterior is styled in Italy by Giorgetto Guigaro and while the head-on view of the Lacetti is bland and uninteresting, from the rear and three-quarter view the car is handsome.
In the future, GM Daewoo will build diesels but as of now there is no diesel option (the new company is less than two years old and the old firm had no diesel programme).
www.rte.ie /motors/2004/0406/daewoo.html   (473 words)

  
 GM Daewoo executive expects 2006 net profit to more than double - MarketWatch
GM Daewoo is expected to sell more than 1.8 million vehicles in 2007 at home and abroad, up from 1.53 million units sold a year earlier, he said.
GM Daewoo said it is targeting to sell about 2,000 units of the Lacetti diesel station wagon in the domestic market out of 25,000 units produced locally this year, but didn't give any specific sales goals for the Lacetti diesel hatchback/sedan models.
GM Daewoo has been shipping some 5,000 units of the Winstorm diesel SUV per month to Europe since September, while it started to ship about 1,300 units a month of the Tosca diesel model to the European market in late December, a company spokesman said.
www.marketwatch.com /news/story/gm-daewoo-executive-expects-2006/story.aspx?guid={CAA33FC2-FF84-4DD2-A7B9-3C11E1D1F401}   (804 words)

  
 GM Daewoo sales soar in Southeast Asia   (Site not responding. Last check: )
Sales of GM Daewoo products in the ASEAN region (Association of Southeast Asian Nations) in the first four months of 2004 totaled 6,340 units, representing a year-on-year increase of 292 percent.
GM Daewoo models, branded Chevrolet in this region, accounted for 77 percent of the 8,300 GM vehicles sold in the first four months in ASEAN.
GM Daewoo Auto and Technology has three vehicle manufacturing facilities in Korea as well as an assembly facility in Vietnam.
www.gmeurope.com /news/2004/news_040602.html   (395 words)

  
 Daewoo: GM's Korean Success Story - Money News Story - WDIV Detroit
GM Daewoo's share last year grew 1.5 percentage points to 11%; as recently as 2000, the carmaker's domestic share had peaked at 16.8%.
GM executives acknowledge that the Korean unit was crucial in the introduction of the Chevrolet brand in Europe, China, and elsewhere.
GM Daewoo produced all of the 280,000 Chevrolet cars sold in Europe last year, and the Korean company also shipped 312,400 vehicles to China in the form of kits in 2006.
www.clickondetroit.com /money/11092950/detail.html?rss=det&psp=money   (1459 words)

  
 SDCExec.com - Article - Driving B2B Efficiency at GM Daewoo
GM Daewoo, a designer of primary architecture for General Motors' small cars worldwide, selected GXS' Trading Grid solution as its B2B integration platform because it combines messaging and business process visibility, enabling the automotive manufacturer to streamline supply chain operations and reduce operating costs, GXS said.
GM Daewoo selected GXS over competing vendors based on the company's global presence, Korean support organization and supply chain expertise in China, India and the United States, according to the solution provider.
GM Daewoo Auto and Technology, which is based in Incheon, Korea, was established in 2002.
www.sdcexec.com /online/article.jsp?id=6551&siteSection=19   (490 words)

  
 Autonet - Daewoo union plans strike: SEOUL -- Unionized workers at GM Daewoo Auto & Technology Co., South Korea's ...
GM Daewoo has suggested raising basic salaries by 10.3 per cent, but it has not agreed to the union's demand that GM Daewoo buy Daewoo Incheon Motor by the end of next year.
Workers at Daewoo Incheon Motor, a spinoff of the defunct Daewoo Motor Co., are not expected to join the strike.
GM Daewoo was established in 2002 after Detroit-based General Motors Corp., acquired Daewoo Motor Co.
www.autonet.ca /AutonetStories/Stories.cfm?StoryID=12471   (319 words)

  
 Indiacar News-GM Daewoo To Export More Vehicles To China   (Site not responding. Last check: )
GM Daewoo, South Korea’s third-largest automaker and 45 per cent owned by General Motors, already ships its mid-size car, the Lacetti, to China, where it is assembled and sold as the Buick Excelle.
Mr Reilly said China will be a major source of growth for GM Daewoo in years to come, with projected sales of CKD cars of 150,000 to 200,000 vehicles annually, he said.
But as GM expands its vehicle line-up in China, which is projected to surpass Japan as the world’s second-largest vehicle market by the end of the decade, GM expects to grow its mass-market Chevrolet brand.
www.indiacar.com /xnewdet.asp?id=n5999   (321 words)

  
 Euro2day :: GM gives Daewoo key role in small car plan
GM Daewoo Auto and Technology said on Wednesday that it had been selected as a global development base for General Motors'; small car platform, which will help the US carmaker expand in Asia and Europe.
GM Daewoo mainly builds low-cost compact cars and exports about 90 per cent of its output to more than 150 markets.
Last year, GM acquired Daewoo's Bupyeong plant, which was not originally included in the 2002 acquisition due to its militant labour union, and it has recruited 2,841 new employees including all 1,605 former employees who were laid off by Daewoo and wished to be rehired.
www.euro2day.gr /articlesfna/22187393   (1037 words)

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