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GM Korea
GM Korea Company ( ko, 한국지엠주식회사) is the South Korean subsidiary of multinational corporation General Motors. GMK is also the third largest automobile manufacturer in South Korea. GM Korea's roots go back to the former Daewoo Motors vehicle brand which was split from its parent company, Daewoo Group, in 2002. It has three manufacturing facilities in South Korea. In addition, GM Korea provides region and brand-specific vehicle assembly kits for assembly by GM affiliates in the United States, Brazil, China, Colombia, Uzbekistan and Mexico, and formerly in Australia and India after GM's February 2020 announcement to withdraw from all right-hand-drive markets worldwide. In 2008, GM Korea built more than 1.9 million vehicles, including CKD products. It currently produces vehicles and kits for Chevrolet and Buick that are offered in more than 150 markets on continents that don't have right-hand-drive markets. It produced vehicles and kits for Holden in Australia until t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saehan Motors The Saehan Motor Company was a South Korean car, automobile manufacturer founded in 1976, which was born on the collaboration of Shinjin Industrial Company and General Motors to introduce their products on the South Korean market. Saehan was born on the former "General Motors Korea", which encountered difficulties when the South Korean market collapsed, following the first round of oil rises in 1973. This joint-venture, 50-50 between GM and Shinjin, consisted on a car assembly plant in Bupyong, a truck assembly plant in Pusan and a foundry at Incheon. In November 1976, Shinjin Motors faced financial problems and sold its 50% stake in Saehan to the Korea Development Bank (KDB). In 1978, the Daewoo Group acquired the equity stake and management rights from KDB. The company was renamed Daewoo Motors, Daewoo Motor Co. in January 1983. History The company origins can be traced back to Daewoo Motors, National Motors, a company established in 1937 in Bupyeong-gu, Incheon, South Korea. ... [...More Info...] [...Related |
