Daewoo


REPORT: GM ups its ante in GM Daewoo

GM Daewoo has four shareholders: GM, Korea Development Bank, Suzuki Motor Corporation, and Shanghai Automotive Industry Corporation. When GM Daewoo put out a rights issue, only one of the four took the bite: GM, which made it rain to the tune of $412 million and raised its stake from 50.9. Neither GM's move nor the non-interest of at least two other parties is surprising. SAIC is still gun shy about certain investments after the Ssangyong debacle, while Suzuki is more concerned with being courted by VW and the Kizashi's fate in the U.S. ... Read more →

Aim Higher: GM Daewoo reportedly suing TagAZ over fears they are planning to copy the Lacetti Jonathon Ramsey

In what looks like a serious-but-probably-the-norm case of industrial espionage, General Motors' South Korean Daewoo division is reportedly alleging that the Russian automaker TagAZ has tried to ...

Spy Shots: Chevy Spark spotted as Daewoo Matiz Chris Paukert

The folks at Noticias Automotivas have scored shots of what looks to be the next-generation Daewoo Matiz, the subcompact hatch that we know better as the Chevrolet Spark. The budget runabout ...

REPORT: Chevrolet Aveo replacement postponed until 2011 Jeremy Korzeniewski

According to Reuters, Chevrolet's Aveo replacement has been postponed until January 2011 due to the well-publicized financial troubles at General Motors and its Korean subsidiary, Daewoo. Previously, ...

Vauxhall sans Opel could reallign with GM Daewoo, Holden Noah Joseph

Eyebrows raised at reports that General Motors could hold on to its British subsidiary Vauxhall even if – or, more likely, when – its German counterpart Opel would leave the family. ...

Beat some ugly Italian designs with an ugly stick 8 months ago on Autoblog

Got some time to burn? Of course you do! iMotor Mag has created a game to punish the wayward children of esteemed Italian design houses. Where designers such as Pininfarina and Bertone have penned gems like the Ferrari F599 and the Lamborghini Miura, they have also thrust the Peugeot 1007 and Skoda ...

GM launches Cruze in South Korea as Lacetti Premiere 1 year ago on Autoblog

The Chevy Cruze era has begun in South Korea, except the sedan will be badged as the Lacetti Premiere. General Motors partner Daewoo is producing the fuel efficient sedan for Korea, the first market to get one of GM's most important future vehicles. The Cruze is the first truly global vehicle that ...

Spy Shots: Chevy Cruze shows off its interior 1 year ago on Autoblog

Click above to enlarge We've got a bit of a wait ahead of us in the United States, but if this interior photo does indeed show the Chevy Cruze's passenger compartment, then maybe it'll be worth it. TheCaranatic.com doesn't tell the source of the image, the Daewoo logo on the wheel indicates that it ...

Spy Shots: GM's 7-passenger global people mover 1 year ago on Autoblog

Brenda Priddy & Co have brought us the first glimpse of GM's upcoming 7-seat MPV. Based on the Delta global platform, it is said to be about the same size as the Mazda5. The person hauler is apparently the work of GM Daewoo (GMDAT), with R&D work carried out in Bupyeong, South Korea. The ...

Spy Shots: Chevy Beat caught testing in China 1 year ago on Autoblog

We saw the Chevy Beat concept unveiled a year ago, and now a camouflaged mule has been caught testing in China, fueling speculation that the Beat will succeed the Spark in that market. The Beat is certainly far less dowdy than the Spark, which is also sold, sometimes gratuitously, as the Matiz in ...

Suzuki Forenza, Reno get the boot after '08, Swift convertible in the works 2 years ago on Autoblog

In memoriam: the Suzuki Forenza and its brother, the Reno, will shuffle off this mortal coil after 2008. Oh, how we barely knew thee – but we're not surprised. Both vehicles have seen a dip in sales this year, and with the SX4's numbers up over 35-percent for 2007, and a sedan version due out ...

Have money, need growth: GM to invest $6b in Daewoo 2 years ago on Autoblog

GM has been rapidly expanding in countries outside the US, and South Korea-based Daewoo has been a major contributor to the company's growth in developing markets. GM is redoubling their commitment to Daewoo by investing $6 billion in the once bankrupt automaker over the next few years. President ...

GM's Kappa platform spawns GM Daewoo G2X in Seoul 2 years ago on Autoblog

The cross-pollination among General Motors worldwide operations continues. The Seoul Motor Show features the fourth variant of General Motors' Kappa platform and the third based on the Saturn Sky. The new GM Daewoo G2X is a rebadged edition of the Sky and Opel Speedster. The car being shown in ...

Seoul Motor Show: GM Daewoo shows off L4X sedan 2 years ago on Autoblog

Click image for photo gallery Many thousands of miles away from New York, another auto show is getting into full swing. We're talking about the Seoul Motor Show, where the Koreans are getting an eyeful of some pretty nifty stuff. Like what, you ask? Well, like this rebadged Holden ...

More good news for Hyundai/Kia: new U.S. trade pact favorable 2 years ago on Autoblog

South Korean automakers received a pretty big shot in the arm as a trade agreement was reached with the United States. The trade pact, which lasts for 15 years, took nine months to negotiate. With the new agreement, tariffs will be immediately lifted on cars with engine displacements of 3-liters or ...

GM Daewoo passes Kia as Korea's No. 2 automaker 2 years ago on Autoblog

When General Motors took the reins of Daewoo in 2002, they saw a future in the then bankrupt Korean automaker. Since then, GM has poured a considerable amount of resources into Daewoo and now, that effort has paid off. GM Daewoo has taken back its former standing as the number two automaker in ...

GM's Gamma to go global 3 years ago on Autoblog

Even though GM is one of the biggest players in the global market, it hasn't had much luck in worldwide platform sharing. And it wants to see that change. Soon. Sources are saying that GM is working on a new small car platform known internally as Gamma. This platform could be the basis for the next ...

Spy Shots: 2007.5 Chevy Aveo Hatchback 3 years ago on Autoblog

The Chevy Aveo sedan is hitting dealer lots as we speak, so the surfacing of these spy shots showing the five-door hatchback version is well timed. Cheers and Gears pulls what details they can from the heavily camouflaged vehicle, which shows some interesting design details. Look closely and you'll ...

Photos aplenty of GM Daewoo Winstorm 3 years ago on Autoblog

Sibling site Autoblog en Espanol was able to obtain more shots of the Winstorm, the first SUV by GM Korean subsidiary, Daewoo. As previously posted, the Winstorm will be sold primarily in the Asian and European markets through GM's Chevrolet and Holden brands. While no definitive date has been ...

GM to face massive worker protests in Europe 3 years ago on Autoblog

General Motors plants in Germany and Spain may face shut-downs next week, as workers plan to protest the closing of an assembly location in Portugal. The automaker announced on Wednesday that it would close the van assembly plant as it faces a 500-euro cost penalty there, with production moving to a ...

GM Daewoo's 'Winstorm' SUV prepares to sweep SUV market 3 years ago on Autoblog

GM Daewoo has announced the launch of its first SUV. Called the Winstorm, auto enthusiasts will immediately recognize it by its more familiar name of Captiva. Stats, pics, and additional vehicle information can be found here and here. Analysts are reporting mixed reviews of the South Korean ...

Daewoo's ex-chief receives jail sentence 3 years ago on Autoblog

Kim Woo-choong, the founder and former head of the Daewoo Group, was sentenced to 10 years in a South Korean prison for embezzlement, accounting fraud, and various other white-collar crimes of the type typically committed when a large company goes down the tubes. In all, Woo-choong was said to ...

G2X Roadster means Sky is falling on Daewoo 3 years ago on Autoblog

Never thought we'd see the Saturn Sky rebadged as a Daewoo, but that day has come. Enter the G2X roadster, intro'd at the Busan Motor Show. Like the Sky and the Solstice, Daewoo is using the vehicle as a halo and a way to lure in some younger buyers as it narrows the gap between it and Kia Motors. ...

Pontiac G3 proves badge engineering alive in Mexico 3 years ago on Autoblog

Though General Motors has promised to end the exercise of badge engineering in the U.S., our kin over at Autoblog Spanish have found proof the practice is alive and well in Mexico. Meet the Pontiac G3, what is essentially the 2007 Chevy Aveo that will be sold in the U.S. later this year. The Aveo ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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