GM slow at home, booming abroad

Seems like all the news coming out of the General lately has been negative with confirmation of slow sales and production being cut. As it turns out, GM is expanding like gangbusters in Europe, Asia, Africa and South America. What's driving sales is none other than the stalwart bowtie brand: Chevrolet. The high-volume marque is experiencing a surge in popularity overseas as a direct result of the rebadged Daewoo models that are being sold under its name. GM purchased the troubled Korean carmaker in 2002 for a tidy quarter bil (that's $250 million), has spent $1 billion to bolster product development and earmarked another two for the same purpose. Click here for an index of Chevy websites from around the world.

Share This Photo X