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Daewoo News

When it comes to small, fuel-efficient cars, the South Korean Daewoo, which is now part of the GM enterprise, has been in and out of the picture. Read more here in our blog, written by the best in the industry. Join the conversation through comments and let’s see what happens. As news happens, you’ll find it here to pass on to your friends and social media buds.

  1. GM Charges-Up in India with All-Electric Powered Chevy Beat



    Currently, electric car news has been dominated lately by the Nissan Leaf with the Ford Focus EV and even the Mitsubish i waiting silently in the charging station. General Motors, who has been relentlessly pushing its Chevrolet Volt and Voltec technology, just announced its first real entry ...    Read more

  2. General Motors increases Daewoo Ownership



    Automaker Daewoo is experiencing a liquidity problem due to the global recession. Recently, General Motors has taken advantage of an equity rights issue to gain a larger stake in the company as part of its ownership as the GM Daewoo Auto & Technology of South Korea. GM increased its stake ...    Read more

  3. South Korea, Thailand deny Financial Aid to General Motors



    The fact that the auto industry has become truly global affords the major automakers the opportunity to ask for bailout money from more than one government. Take General Motors, for example.The U.S. division of GM is receiving a low-interest loan from the U.S. government and is expecting to get more ...    Read more

  4. General Motors Daewoo shutters Car Plants as Economy Worsens



    The Asian economic markets are often times immune to the ups and downs of their brethren in Europe and North America. During a recessionary period in the early 1990s, Asian companies were buying most of the available real estate in an over the top buying spree. And while the economy ...    Read more

  5. General Motors’ Secret Weapon: Daewoo



    It seems that companies in Korea are becoming more important to General Motors in its never-ending battle of manufacturing and selling cars. Since purchasing Daewoo five years ago, GM has changed that company into one of the most influential and successful global operations. Korea is the center of the strategy ...    Read more

  6. General Motors’ South Korean Investment



    Probably with an eye on the global market, American automotive giant General Motors will be investing more than $6 billion into its Daewoo subsidiary in South Korea during the next four years.According to Channelnewsasia , ...    Read more

  7. GM Passes Kia In South Korean Market



    GM Daewoo, a subsidiary to American General Motors, took the lead in South Korea against Kia Motor Corp. as it sold more cars in 2005 than its rival.According to sales figures released by both companies, GM Daewoo sold over 1.50 million vehicles worldwide compared to Kia, which sold over 1.30 ...    Read more


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