General Motors Vietnam Company, Ltd. (formerly Vietnam-Daewoo Motor Company Limited or VIDAMCO) is a defunct
automobile manufacturer
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industries by revenue (from 16 % such ...
based in
Vietnam
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making i ...
and a member of GM Southeast Asia Operations.
The company was officially established in December 1993 as a
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 acces ...
between the Korean
Daewoo
Daewoo ( ; Hangul: , Hanja: , ; literally "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerat ...
and the 7983 Mechanic Union Enterprise that was owned by the Vietnamese Ministry of Defense.
In April 2000, the company became a 100%
foreign investment enterprise after Daewoo acquired the share of its Vietnamese partner. In July 2011, the name of the company was changed from VIDAMCO to GM Vietnam.
__NOTOC__
On 28 June 2018, General Motors (GM.N) agreed to transfer its Vietnamese operation to
VinFast Trading and Production LLC and distribute
Chevrolet
Chevrolet ( ), colloquially referred to as Chevy and formally the Chevrolet Motor Division of General Motors Company, is an American automobile division of the American manufacturer General Motors (GM). Louis Chevrolet (1878–1941) and ous ...
vehicles. The transfer, which includes GM's Hanoi plant, dealer network and employee base, was conducted by the end of 2018.
GM used its Hanoi plant to assemble Chevrolets with parts imported from South Korea - a country where the U.S. automaker came close to bankruptcy as it struggled to turn around its debt-laden unit. GM Korea is GM's biggest production base in Asia excluding China. The plant will be used solely to produce VinFast cars after the transfer, while Chevrolet cars will be imported.
VinFast assumed ownership of the GM Hanoi factory, and implemented a significant investment program to build an all-new, global small car licensed from GM and manufactured and sold under the VinFast brand.
VINFAST AND GENERAL MOTORS SIGN LANDMARK STRATEGIC PARTNERSHIP AGREEMENT IN VIETNAM TO DRIVE FUTURE GROWTH
2018-06-28 Production of this vehicle began in 2019, greatly increasing capacity and output at the Hanoi plant and growing the manufacturing base of the dynamic VinFast operation.
Production
Discontinued models
*Daewoo Cielo
The Daewoo LeMans is a compact car, first manufactured by Daewoo in South Korea between 1986 and 1994, and between 1994 and 1997 as Daewoo Cielo — a car mechanically identical to the LeMans, differentiated only by its modified styling cues. L ...
(1995–2002)
*Daewoo Nubira
Daewoo Nubira is a compact car which was produced by the South Korean automaker Daewoo from 1997 to 2002 as a 4-door sedan, 5-door hatchback and a 5-door station wagon.
Development
The Daewoo Nubira (J100 platform) was released in 1997 refle ...
(1998–2000)
*Daewoo Leganza
The Daewoo Leganza is an executive sedan car that was manufactured and marketed by the automobile manufacturer Daewoo. The Leganza was available as a four-door Sedan with front engine, front-wheel drive, four door, five passenger sedan of type of ...
(1998–2000)
*Daewoo Matiz
Daewoo ( ; Hangul: , Hanja: , ; literally "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerat ...
(1998–2007)
*Daewoo Lanos
The Daewoo Lanos is a compact / sedan car produced by the South Korean manufacturer Daewoo from 1997 to 2002, and thereafter produced under license agreements in various countries worldwide. It has also been marketed as the Daewoo Sens, ZAZ Sens ...
(2000–2006)
*Daewoo Magnus
The Daewoo Magnus is a mid-sized sedan developed and manufactured by Daewoo for model years 2000-2006 under a single generation, and marketed globably by GM Daewoo and other General Motors divisions, as well as GMDAT stake holder Suzuki. Develo ...
(2002–2007)
*Chevrolet Vivant
Vivant is a small social-liberal political party in Belgium founded by millionaire Roland Duchâtelet. In the regional elections in June 2004, the party formed a strategic alliance with the Flemish Liberals and Democrats (VLD). Both parties are ...
(2008–2011)
*Chevrolet Cruze
The Chevrolet Cruze is a compact car that is produced by General Motors since 2008. It was designated as a globally developed, designed, and manufactured four-door compact sedan, complemented by a five-door hatchback body variant from 2011, and ...
(2010–2016)
*Chevrolet Captiva
The Chevrolet Captiva is a compact crossover SUV marketed by General Motors under their Chevrolet marque. The first generation was developed by GM Korea, based on the GM Theta platform and derived from the S3X concept car revealed in 2004. Rel ...
(2009–2018)
*Chevrolet Orlando
The Chevrolet Orlando is a three-row compact MPV manufactured by General Motors under the Chevrolet brand since 2011. The first-generation model was mainly developed and manufactured by GM Korea, while also assembled in four other countries. Its ...
(2011–2018)
*Chevrolet Aveo
The Chevrolet Aveo ( ) is a subcompact car (B-segment) marketed by General Motors since 2002. Originally marketed as the Daewoo Kalos, takeover of Daewoo Motors by General Motors (GM) also saw the car being marketed under seven brands ( Chevrol ...
(2006–2018)
*Chevrolet Spark
The Chevrolet Spark ( ko, 쉐보레 스파크, translit=) is a city car manufactured by General Motors's subsidiary GM Korea from 1998 to 2022. The vehicle was initially developed by Daewoo and was introduced in 1998 as the Daewoo Matiz ( ko, 대 ...
(2008–2018)
*Daewoo Damas
Daewoo ( ; Hangul: , Hanja: , ; literally "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerat ...
(1990s-2018)
References
External links
* (Chevrolet.vn – archived, 23 Dec 2017)
Vietnam
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making i ...
Manufacturing companies based in Hanoi
Car manufacturers of Vietnam
Vietnamese companies established in 1993
{{Vietnam-stub