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GM Korea Company[note 2] (Korean: 한국지엠주식회사,[note 3] IPA: [hanɡuːk tɕi em]) is South Korea's third largest automobile manufacturer and a subsidiary of General Motors. GM Korea's roots go back to the former Daewoo which was split from its parent company, Daewoo Group, in 2001. It has five manufacturing facilities in South Korea as well as a vehicle assembly facility in Vietnam. In addition, GM Korea provides region and brand-specific vehicle assembly kits for assembly by GM affiliates in China, the United States, Australia, Germany, India, and Brazil. In 2008, GM Korea built more than 1.9 million vehicles, including CKD products. It now produces vehicles and kits for Chevrolet, Holden, Opel and Buick that are offered in more than 150 markets on six continents. GM Korea also has design, engineering, research & development facilities that are involved in development for various GM products, above all small-size cars.

Contents

1 History

1.1 GM Daewoo 1.2 Establishment of GM Korea

2 Manufacturing facilities 3 Slogans 4 Model range

4.1 Current models manufactured 4.2 Current models imported 4.3 Discontinued models

5 Gallery

5.1 Current models in production 5.2 Former models in production 5.3 Concept cars

6 See also 7 Notes 8 References 9 External links

History[edit] See also: Daewoo Motors GM Korea's roots go back to the remnants of the Korean War and Shinjin Motors, which launched its business by rebuilding scrapped US military vehicles. Shinjin Motor was first established as National Motor in 1937 in Bupyeong-gu, Incheon, Japanese Korea. After changing its name to Saenara Motor in 1962, Saenara Motor was bought by Shinjin Industrial in 1965, which changed its name to Shinjin Motor after establishing a partnership with Toyota. After Toyota's withdrawal in 1972 (to keep doing business with China, which would not trade with companies who engaged in South Korea or Taiwan), Shinjin Motor changed its name to GM Korea (GMK) in 1972 with General Motors purchasing a 50% stake in the company from Toyota in 1972; however GMK was renamed again in 1976 to Saehan Motors. Korean Development Bank (KDB), the company's creditor, took over management in 1976 as the company found itself unable to cope with competition from Hyundai and Kia. After the Daewoo Group gained control in 1982, the name was changed once more to Daewoo Motor. In the early 1990s the company started to expand heavily throughout the world. Until 1996 all Daewoo cars were based on GM-designed models. After the Asian financial crisis reached South Korea in 1997, Daewoo took over the troubled SUV manufacturer SsangYong in 1998, but ran into financial trouble and was forced to sell the company off in 2001 to GM affiliate SAIC. GM Daewoo[edit] In 2001, General Motors bought most of Daewoo Motor's assets to form GM Daewoo Auto & Technology. The new company started operations on October 17, 2002, with GM and its partners Suzuki and SAIC holding a stake of 66.7% with investments of US$400 million. The GM holding was formally purchased by GM Holden Ltd which holds a seat on the board and is legally responsible for GM Daewoo.[3] The remaining equity stake of 33.3% was held by Korea Development Bank and several other Korean creditors with investments of US$197 million. The deal did not include 15 plants, including Daewoo's oldest plant in Bupyeong-gu which is now operated under the name Incheon Motor Company as a supplier to GM Daewoo. In 2004, Tata Motors purchased Daewoo Truck from GM. In February 2005, GM invested US$49 million to raise its share in the company to 48.2%. In 2010, General Motors owned 82.9%, SAIC 9.9%, and the Daewoo Motor Creditors Committee the remaining 7.2%.[4] On November 25, 2003, the design center was relocated to the new two-story building at the Bupyeong-gu headquarters. The first car to be produced under the GM Daewoo nameplate was the 2002 Daewoo Lacetti, replacing the Nubira. This car was developed in South Korea under the Daewoo Motor era, but it gradually became a GM world car, sold under many different marques all around the globe. After a few years without any new cars to present, in 2005, GM Daewoo introduced the Holden-based Statesman luxury car replacing the discontinued Daewoo Chairman. The third generation of Matiz was introduced, refreshed by the GM Daewoo design team, and an evolution of the four-door Kalos appeared: the Gentra. In early 2006, GM Daewoo presented Tosca, the replacement of the Magnus. GM Daewoo's official press releases says that Tosca is an acronym for "Tomorrow Standard Car". The end of the same year, GM Daewoo introduced the Winstorm, its first proper sport utility vehicle (SUV), which was, as the Lacetti, sold worldwide under different marques and names including Opel, Chevrolet, GMC and Holden, and previously Saturn before the demise of that brand in 2010. It featured a common rail Diesel engine for the first time in a Daewoo vehicle, in addition to regular four and six cylinder gasoline engines. The diesel engine design is licensed from the Italian engine maker VM Motori. 2007 saw the introduction of the Lacetti and Kalos hatchback facelift's wagon version, becoming the Gentra X. For 2008, GM Daewoo introduced the first Korean-branded roadster: the G2X sports car, a badge-engineered Pontiac Solstice/Saturn Sky which was based on the GM Kappa platform, and started to sell the Opel Antara under the name of Winstorm MaXX. The Statesman flagship was also replaced by the new Veritas which is now based on the Holden Caprice V. Late 2008 and early 2009 were a major period for GM Daewoo with the introduction of the all-new Lacetti Premiere, which is based on the Chevrolet Cruze, a very important compact car for GM divisions worldwide. The newly rechristened third generation of the Matiz was added to the range in 2009 as the Chevrolet Spark. 2010 saw introduction of the Chevrolet Orlando and Alpheon, a local version of the Buick LaCrosse. Establishment of GM Korea[edit]

This section needs to be updated. Please update this article to reflect recent events or newly available information. Last update: January 2011 (July 2017)

On January 20, 2011, General Motors announced that GM Daewoo would be renamed GM Korea "to reflect [Daewoo's] heightened status in [the] global operations of GM,"[5] effective March 2011. Most of the former Daewoo products were rebadged as Chevrolets. GM's luxury division Cadillac is also available in South Korea. In 2011 the Daewoo Tosca was replaced by a locally built version of the Chevrolet Malibu. Manufacturing facilities[edit]

This section needs to be updated. Please update this article to reflect recent events or newly available information. (February 2018)

South Korea

Bupyeong-gu: vehicle assembly and gasoline/LPG engine manufacturing (production capacity: est. 440,000/year) Gunsan: vehicle assembly and diesel engine manufacturing (production capacity: est. 260,000/year). To close by the end of May 2018. Changwon: vehicle assembly and gasoline/LPG engine manufacturing (production capacity: est. 210,000/year) Boryeong: transmission and engine components manufacturing

Vietnam

Hanoi: GM Vietnam vehicle assembly (production capacity: est. 11,000/year)

Slogans[edit]

2011: "Chevrolet, is the car" 2012: "LOVE. LIFE." (Chevrolet) 2015: "Find New Roads" (Chevrolet)

Model range[edit] Current models manufactured[edit]

This section needs to be updated. Please update this article to reflect recent events or newly available information. (February 2018)

Chevrolet Aveo/Sonic (supermini; 5-door hatchback, 4-door sedan) Chevrolet Cruze (compact car; 4-door sedan, 5-door hatchback) Chevrolet Malibu (mid-size car; 4-door sedan) Chevrolet Orlando (compact MPV; 5-door wagon) Chevrolet Spark (city car; 5-door hatchback) Chevrolet Trax (subcompact SUV; 5-door wagon) Damas/Labo (microvan, pickup; currently does not wear any marque) Buick Encore/Opel Mokka (subcompact SUV; 5-door wagon)

Current models imported[edit]

Chevrolet Camaro (muscle car; 2-door coupé) Chevrolet Impala (full-size car; 4-door sedan)

Discontinued models[edit]

Chevrolet Optra (compact car; 4-door sedan, 5-door hatchback and station wagon) Alpheon (executive car; 4-door sedan)

Gallery[edit] Current models in production[edit]

Chevrolet Aveo

Chevrolet Captiva

Chevrolet Camaro

Chevrolet Cruze

Chevrolet Malibu

Chevrolet Spark

Chevrolet Trax

Former models in production[edit]

Alpheon

Concept cars[edit]

Daewoo Musiro

Chevrolet Trax

Chevrolet Beat Concept

Chevrolet Groove

Chevrolet Orlando

Chevrolet Aveo RS Concept

Chevrolet Miray

See also[edit]

South Korea portal Cars portal Companies portal

Chevrolet Daewoo Bus Daewoo Motor Sales Daewoo Motors General Motors List of Daewoo models List of Korean car makers

Notes[edit]

^ The figure only includes the South Korea-built vehicles. ^ Formerly GM Daewoo Auto & Technology (/ˈdaɪwuː/; [tɛ.u]). ^ Also spelled as 한국GM주식회사.

References[edit]

^ a b "Annual Report 2014. Korean Automobile Industry" (PDF). Korea Automobile Manufacturers Association. ISBN 978-89-8056-045-5. Archived from the original (PDF) on 2014-09-02. Retrieved 2014-09-02.  ^ Kang, Su-min (2015-04-11). 르노삼성과 한국GM, 지난해 전혀 다른 길 걸었다 [Renault Samsung and GM Korea were in a completely different path last year]. businesspost.co.kr (in Korean). Business Post. Retrieved 2015-11-25.  ^ http://awresearcher.net/VMSI/display.asp?vmsiid=2&contentid=12778[dead link] ^ "GM - Global Operations - Korea". General Motors. Archived from the original on 2009-02-28. Retrieved 2011-09-07.  ^ "GM introduces new name, brand for S. Korean unit". Yonhap News. 2011-01-20. Retrieved 2011-09-07. 

External links[edit]

Wikimedia Commons has media related to GM Korea.

GM Korea Homepage

Chevrolet Korea GM Alpheon GM Damas/Labo Cadillac Korea

v t e

GM Korea

A subsidiary of General Motors

Vehicle brands

Current

Chevrolet Cadillac

Discontinued

Alpheon Daewoo GMK Saehan Saenara Shinjin

Divisions and subsidiaries

Chevrolet Europe GM Vietnam UzDaewooAuto (50%)

Vehicles

Current

Cars

Aveo Camaro Cruze Impala Malibu Spark Volt

Crossovers/SUVs

Captiva Trax

Vans

CMV Orlando

Historic

Alpheon Arcadia Brougham Chairman Damas Espero G2X Gentra Istana Kalos Korando Labo Lacetti Lanos Leganza Maepsy Magnus Matiz Musso Nexia Nubira Prince Royale Statesman Tacuma Tico Tosca Winstorm Veritas

Concept cars

Groove Trax Miray Musiro

Other

Factories Platforms Engines Transmissions Proving Grounds

Category Commons

Links to related articles

v t e

General Motors

Divisions and subsidiaries

Vehicle brands

Buick Cadillac Chevrolet GMC Holden

Holden Special Vehicles

Services

ACDelco GM Certified Service GM Financial Maven OnStar

Geographic

General Motors Canada

CAMI Automotive

General Motors de Mexico General Motors do Brasil General Motors Egypt General Motors India

Chevrolet Sales India Private Limited

General Motors South Africa General Motors de Argentina

Shareholdings

FAW-GM (50%) GM-AvtoVAZ (41.61%) GM Korea (96%)

Chevrolet Europe GM Vietnam

GM Uzbekistan (25%)

UzDaewooAvto 50%

HRL Laboratories (50%) SAIC-GM (49%) SAIC-GM-Wuling (34%)

Baojun

Industries Mécaniques Maghrébines (20%)

Products and technologies

Platforms Transmissions Hybrids Vehicles

Engines

I3

Family 0 SGE

I4

Family 0 SGE Family 1 MGE Family II Ecotec

V6

High Feature Gen V

V8

Gen IV Gen V

Former divisions, joint ventures and subsidiaries

Allison Engine Company (1929–1995) Allison Transmission (1929–2007) Ally Financial (1919-2013) Atlantic Aircraft Dayton-Wright Company (1919–1923) Delco Electronics Delphi (1994–1999) Detroit Diesel (1938–1988) DirecTV (1994–2003) Electro-Motive Diesel (1930–2004) Electronic Data Systems (1984–1996) Euclid Trucks (1953–1968) Fisher Body Fleetwood Metal Body Frigidaire (1919–1980) General Motors Europe (1986–2010) General Motors Diesel Division (1938–1987) General Motors Diesel (1949–1969) Ghandhara Industries (1953–1963) GM Defense (1950–2003) GMAC Real Estate (1998–2008) GMC Heavy Trucks Hughes Aircraft (1985–1997) Hughes Electronics (1985–1997) Hughes Network Systems (1987–2003) HughesNet (DirecWay/DirecPC) (1996–2003) Kettering University National City Lines NUMMI (1984–2009) New Venture Gear (36%, 1990–2002) Nexteer (2009–2010) North American Aviation (1933–1948) Nuvell Financial Services (1997–2008) PanAmSat (1995–2003) Remy Electric (1918–1994) Rochester Products Division Terex United Australian Automobile Industries (1989–1996) Winton Motor Carriage Company Yellow Coach Manufacturing Company (1925–1943)

Places

Renaissance Center GM Technical Center GM Proving Grounds Factories

People

William C. Durant (Founder) Tim Solso (Chairman) Mary Barra (CEO) Dan Ammann (President)

Other

General Motors Foundation History Reorganization General Motors Motorama Streetcar conspiracy Concept of the Corporation Ignition switch recalls

Category Commons

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Daewoo Motors and GM Daewoo automobile timeline, 1980s–2011

Type 1980s 1990s 2000s 2010s

0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1

City car

Tico Matiz Matiz Creative

Subcompact

Lanos Kalos Gentra

Compact

Maepsy-Na LeMans Cielo Nubira Lacetti Lacetti Premiere

Mid-size

Espero Leganza

Royale Series Prince & Brougham

Polonez Kombi

Imperial Arcadia Magnus Tosca

Full-size

Chairman

Statesman Veritas

Roadster

G2X

Microvan

Damas & Labo

Compact MPV

Tacuma

Mini SUV

Korando

Compact SUV

Honker

Winstorm MaXX

Mid-size SUV

Musso

Winstorm

Van

Istana

Lublin

v t e

Automotive industry in South Korea

Companies

Components

Daehan Tire Freenex Geunyoung Industry Hankook Tire Hyundai Enercell Hyundai Hysco Hyundai IHL Hyundai Mobis Hyundai Steel Hyundai Wia Jung-A Hydraulic KCC Koreatomy Kumho Tire Kyeyang Electric LG Chem Mando Corporation Nexen Tire POSCO SL Corporation Sungwoo Yeongkwang

Services

Hyundai Glovis KT Kumho Rent A Car Zyle Daewoo Motor Sales

Vehicles

Current

CT&T United Daelim Group

Daelim Motor Company

Daewoo Bus Doosan Group GM Korea Hyundai Motor Group

Genesis Motors Hyundai Motor Company Hyundai Mobis Hyundai Rotem Kia Motors

Kia Defense

KR Motors Pyeonghwa Motors Renault Samsung Motors SsangYong Motor Tata Daewoo

Defunct

Asia Motors Daewoo Motors Keohwa Proto Motors Saehan Motors Samsung Commercial Vehicles Shinjin Motors Sibal

Other

Bullsone GS Caltex Hyundai Oilbank S-Oil SK Energy

Other

Korea Automobile Importers & Distributors Association Korea Automobile Manufacturers Association Seoul Motor Show

Category

v t e

SAIC Motor

Marques

Current

Baojun1 Eco Concept Maxus MG Roewe Wuling1

Former

SsangYong

Divisions and subsidiaries

Current

MG Motor Nanjing Automobile SAIC Motor UK Technical Center Shanghai Automotive Group Finance Shanghai Diesel Engine Shanghai-Huizhong Automotive Manufacturing Shanghai-New Holland Shanghai-Pengpu Shanghai-Sun-win Bus Shanghai-Xingfu Motorcycle

Former

SsangYong Motor Company

Joint ventures and shareholdings

GM Korea (6%) Naveco (50%) Pan Asia Technical Automotive Center SAIC-GM (51%) SAIC-GM-Wuling (50.1%) SAIC-IVECO Hongyan Commercial Vehicle SAIC Volkswagen (50%) GM India (7%)

Facilities and products

Longbridge plant Vehicles

MG vehicles

1Brands of SAIC-GM-Wuling

Category Commons

v t e

KAMA Members

GM Korea Hyundai Motor Company Kia Motors Renault Samsung Motors Ssang

.