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GM Korea. GM Korea Company[ b] ( Korean: 한국지엠주식회사) [ c] is the South Korean subsidiary of multinational corporation General Motors and 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, in 2002. [ 1]
Daewoo-based models. Also marketed as the Chevrolet Aveo/Kalos/Lova, Holden Barina, Pontiac Wave /G3, and the Suzuki Swift+. Also marketed as the Suzuki Forenza, Chevrolet Optra/Lacetti, Holden Viva and Buick Excelle /Excelle HRV. Also marketed as Holden Cruze, is the South Korean version of Chevrolet Cruze.
After running into financial difficulties, [3] it sold most of its assets in 2002 to General Motors at $1.2 billion, becoming a subsidiary of the American company. In 2011, the name "Daewoo" was definitively removed with the company being renamed GM Korea and the Daewoo brand replaced by the Chevrolet marque. [2] [4]
The Pan Asia Technical Automotive Center (or PATAC) is a joint venture between General Motors and SAIC Motor. It is a design and engineering center in Pudong, Shanghai, China, and is involved in engineering for Shanghai GM products, but also functions as one out of six technical development and design centers worldwide of General Motors. [ 1]
HL Mando Corporation ( Korean : 에이치엘만도 주식회사 ), with headquarters in Seoul, Korea, is the largest global Tier 1 Korean Original Equipment Manufacturer and supplier to General Motors, Cadillac, Ford, Chrysler, Chevrolet, Nissan, Kia Motors Company, Fiat, Volkswagen, BMW, Suzuki, Hyundai Motor Company, and many other global ...
ATT R&D (2000–2016) Cony Motor Company (2014–2017) Daewoo Motors (1972–2011) (Replaced by GM Korea) Keohwa (1974–1984) (Acquired by SsangYong Motor, now KG Mobility) Proto Motors (1997–2017) Saehan Motors (1976–1983) (Acquired by Daewoo Motors) Shinjin Motors (1955–1984) (Acquired by SsangYong Motor, now KG Mobility) Sibal (1955 ...
With the partnership of GM, they launched GM Philippines, Inc. on December 1, 2014. [28] Most of the cars in Chevrolet's lineup were imported from Thailand, the US, and South Korea. Prior to that, Yutivo Corporation was responsible for the production and manufacturing of General Motors products in the country.
The automotive industry in South Korea is the fifth-largest in the world as measured by automobile unit production and also the sixth-largest by automobile export volume. While its initial operations were merely the assembling of parts imported from foreign companies, South Korea is today among the most advanced automobile -producing countries ...