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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. ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Toyota Corona
The is an automobile manufactured by the Japanese automaker Toyota across eleven generations between 1957 and 2001. On launch, the Corona was Toyota's next to highest product in their range, just below the Crown. The Corona was marketed in the JDM at Toyota's ''Toyopet Store'' dealership channels, and the Corona was one of Toyota's first models exported to other global markets, followed by the smaller Toyota Corolla. The Corona played a key role in Toyota's North American success. Having previously entered the North American passenger car market in 1957 as ''Toyopet'', the company met little success, withdrawing in 1961. The company re-entered the North American market in June of 1964, rebranded as ''Toyota'' — introducing its third generation rear-drive Corona, featuring a 90hp engine, four doors and numerous standard features (padded dash, visor mirror, full carpeting, fresh air heater/defroster, two-speed windshield wipers, quad headlamps, vinyl upholstery, driv ...
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Isuzu Elf
The is a medium duty truck produced by Isuzu since 1959. Outside Japan it is known as N series and Q Series. The range was originally mainly available in Japan and other Asian countries. Australia was another important market for the Elf and N series – to the extent that it was manufactured there from the 1970s using many local components. Since the early 1980s, it has also been sold and built in the United States (under the Chevrolet and GMC brand as a W-Series), and also as the Isuzu N-Series. Only North America receives the wide-cab version, competing with the Avia D90/D120, Hino Dutro, Hyundai HD65/HD72/HD78, Iveco Daily, Mazda Titan, Mercedes-Benz Vario, Mitsubishi Fuso Canter, Nissan Atlas, Renault D-Truck, Tata LPT 613, Toyota Dyna, and the ГАЗ-3310 Валдай. For the common Andinian market (including Chile and Peru), the truck has been assembled in the GM-Colmotores assembling plant in Bogotá, Colombia since 1991, with annual quantities already of 20,000 ...
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Saehan BL064
Saehan (SMC) BL064 is a licensed built Isuzu Journey M series. Description Saehan Motors reintroduced this micro bus series after a brief absence since taking over from GM Korea. It continues to have the capacity of 25 passengers. However, this bus series received larger Isuzu based 4BA1 engine series from its predecessor. Production of this Micro Bus series ceased to be made after the government enacted “Automobile Industry Rationalization Policy.” Only 945 units were made during its production run. Paint Scheme The default color sold by the company was used at the Seoul area starting in 1977; white with orange horizontal stripes. Other colors were also applied as green with midsection of beige up to near front of the rear wheel with twice alternating colors in oblique angle strip at the bus. The remaining midsection part was matched to the body color. By 1980, some of these buses were painted as white divided with marine blue at the top at the windows area and th ...
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Isuzu BU
The Isuzu BU-Series is a series of full-size buses built by Isuzu between 1962 and 1980. The first generation (1963-1972) In February 1963 the sale as coach began DH100H-BU20 (190 hp) engine with air brakes, retarder installed with horizontal rear underfloor engine. The wheelbase was 5.50 meters, and BU10 5 meters. With air suspension and (230 hp) than P-end model with turbo charger. Four headlights are standard. - In 1965, the gutters were introduced adapted to construction standards of aircraft and the BU 15 with a wheelbase of 5.2 meters. - In 1966, the bus with the wheelbase of 4.8 m was BU05. - In 1967, the pursuit of economic efficiency brought direct to the E110H engine (215 hp), also the D920H-engine (175 hp, 9203 cc) and an increase in output to 195 hp at DH100H engine. The direct injection engine D920H became the most popular engine in the standard bus variants. From 1970, the performance of the P-end model increased to (250 hp) with the E ...
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Saehan BU Series Bus
GM Korea introduced the BU series bus in 1976 using the MAN diesel powered U engine platform. Several platforms were built in this series. In 1977, Saehan Motors took over the GM Korea bus operation. The BU series continues to be made. BU100 GM Korea made the BU100 platform with 10 meter length version starting July 1976. It was equipped with rear mounted MAN D0846HM-U diesel engine. The marquee was renamed to Saehan (SMC) after it took over the bus division, but the series' name remained until January 1980. BU110 GM Korea reintroduced the express bus class of BU110 series a few years after they took over Shinjin Motors Shinjin Motors or Sinjin Motors ( ko, 신진자동차, ) is a defunct South Korean car manufacturer. A related bus manufacturer called "Shinjin Bus Manufacturing Company" was founded in 1955 as an independent company. It is now a part of Daewo ... with the 11 meter bus length class. Some of these buses were exported to Egypt. The same engine platf ...
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Holden
Holden, formerly known as General Motors-Holden, was an Australian subsidiary company of General Motors. It was an Australian automobile manufacturer, importer, and exporter which sold cars under its own marque in Australia. In its last three years, it switched entirely to importing cars. It was headquartered in Port Melbourne, with major industrial operations in the states of South Australia and Victoria. The 164-year-old company ceased trading at the end of 2020. Holden's primary products were its own models developed in-house, such as the Holden Commodore, Holden Caprice, and the Holden Ute. However, Holden had also offered badge-engineered models under sharing arrangements with Chevrolet, Isuzu, Nissan, Opel, Suzuki, Toyota, and Vauxhall Motors. The vehicle lineup had included models from GM Korea, GM Thailand, GM North America. Holden had also distributed GM's German Opel marque in Australia in 2012 and 2013. Holden was founded in 1856 as a saddlery manufacturer ...
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Opel Rekord E
The Opel Rekord Series E is an executive car that replaced the Rekord D on Opel's Rüsselsheim production lines in August 1977, following the end of the summer vacation plant shut-down. It shared its wheelbase and inherited most of its engines from its predecessor, but the bodies were completely new. In October 1982 the Rekord E was extensively reworked, retaining the central portion of the body, the same windows and the principal elements of the substructure, but with redesigned front and back ends, and with several significant new engines. The pre- and post-facelift versions are commonly referred to as the E1 and E2, respectively. The Rekord E's nine-year production run was far longer than that of any previous generation of Opel Rekord. It became the third Opel Rekord to exceed a million units produced, but it took longer to reach that target than its predecessor. By now eye watering increases in fuel prices had persuaded many middle market customers to downsize. The Opel Reko ...
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Daewoo Maepsy
The Daewoo Maepsy (대우 맵시) is a compact car manufactured by Daewoo (and its predecessor Saehan) in South Korea from December 1977 to 1989. The Maepsy was a badge engineered version of the Opel Kadett C, or to be more precise, of the PF50 Isuzu Gemini. Originally the car was sold as the Saehan Gemini (Saehan Bird in export markets), but in February 1982 the car evolved to become the Saehan Maepsy. By 1983 it was called the Daewoo Maepsy after Saehan Motor was bought out by the Daewoo Group, and finally the Daewoo Maepsy-Na (''New Maepsy'', 맵시나). The word "maepsy" means "beautiful" in Korean. The original Gemini was equipped with a 1492 cc imported four-cylinder engine. Power was at 5,400 rpm, for a claimed top speed of . This imported engine made the car rather expensive, however, and when the Hyundai Pony was introduced Saehan's market share dropped precipitously. A measure of popularity was retained as the Gemini was the only compact car in South Korea wit ...
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Isuzu Gemini
The Isuzu Gemini is a subcompact car produced by the Japanese automaker Isuzu from 1974 until 2000. The same basic product was built and/or sold under several other names, sometimes by other General Motors brands, in various markets around the world. While the first generation was of a rear-wheel drive design, later versions were all front-wheel-drive, and the last two generations were no more than badge-engineered Honda Domani until the name was retired in 2000. __TOC__ First generation (1974) The first Gemini was the Bellett Gemini, first seen in November 1974. It was based on the third-generation Opel Kadett C on the General Motors T-car platform and came in four-door sedan and two-door coupe body styles. The chassis code was PF50, although the later 1.8-liter versions were called PF60 and the diesels PFD60. In June 1977 the Gemini received its first, light, facelift. The bigger 1817 cc G180 series engine became available, fitted with rectangular headlights rathe ...
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Holden Torana
The Holden Torana is a mid-sized car that was manufactured by Holden from 1967 to 1980. The name apparently comes from an word meaning "to fly" in an unconfirmed Aboriginal Australian language. The original HB series Torana was released in 1967 and was a four-cylinder compact vehicle closely based on the British Vauxhall Viva HB series of 1966 - 1970. Whilst the 1969-73 (LC and LJ series) cars included more popular, longer-wheelbase six-cylinder versions, and with the 1974-77 (LH and LX series) cars adding eight-cylinder versions to the mix, a range of four-cylinder versions continued for the entire production life of the Torana (with later four-cylinder versions being marketed as the Holden Sunbird from November 1976). In South Korea, the LJ Torana was produced locally as the Chevrolet 1700 (시보레 1700, 1972–1978) and Saehan Camina (새한 카미나, 1976–1978). Changing tack in Australian motor sport, Holden released the LC Torana GTR XU-1 in 1970, with performance ...
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