gm 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 ...

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. ...

Aveo production hung up by supplier Dan Roth

GM Daewoo has been forced to idle its plant in Bupyeong, South Korea due to strong-arm tactics by tire OEMs Hankook and Kumho. The Bupyeong plant produces the vehicle we know and ummm... tolerate as ...

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 ...

GM's Korean outfit to get $3.2 billion investment 2 years ago on Autoblog

We knew that the new GM global small car platform was important to the embattled carmaker, but now we know just how valuable GM thinks it is. The new Gamma is apparently worth quite a bit to the future of GM -- $3.2 billion to be exact. That's how much GM has pledged to invest in GM Daewoo Auto ...

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 ...

GM Daewoo investing another $3.2 billion 2 years ago on Autoblog

Prior to General Motors buying a controlling interest in South Korea's Daewoo Motors in 2002, negotiations dragged on forever as GM apparently wanted to wait until the last possible moment to get the best price while still having something worth rescuing. Since then, GM Daewoo has made a pretty ...

Hyunda, Kia roll back 2006 sales target 3 years ago on Autoblog

Citing summer strikes and weak domestic demand, Hyundai announced that it has cut its 2006 sales projections by up to 6% for Hyundai and Kia. This despite the fact that September sales were up 23% compared to August figures. Hyundai vice chairman and CEO Kim Dong-jin said that he expects 2007 sales ...

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 ...

Adios Aerio! Next Forenza has your number 3 years ago on Autoblog

Who would have guessed a few years ago that Suzuki would be in the midst of international renaissance? While some locales around the world already have a high opinion of the Japanese company's products, the North American market has suffered through one forgettable Suzuki after another. That's ...






Autoblog Podcast #157: Mike Levine trucks along with us.

Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too! 

 
 

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