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...
View ArticleGeneral 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...
View ArticleGeneral 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...
View ArticleGeneral 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...
View ArticleSouth 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....
View ArticleGeneral 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...
View ArticleGM 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...
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