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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 ]
General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, GMC, Cadillac, and Buick.
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 Renaissance Center in Detroit, Michigan, is the world headquarters of General Motors.. The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates back more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible.
The history of the Korean automotive industry began in August 1955, when Choi Mu-seong, a Korean businessman, and two of his brothers (Choi Hae-seong and Choi Soon-seong), mounted a modified and localized jeep engine on a US military jeep-style car body made with the sheet metal from a junk oil drum can and military junk Jeep parts to manufacture its first car, called the Sibal (car).
The Chevrolet Spark ( Korean: 쉐보레 스파크) is a city car manufactured by General Motors 's subsidiary GM Korea from 1998 to 2022. The vehicle was developed by Daewoo and introduced in 1998 as the Daewoo Matiz ( Korean: 대우 마티즈 ). In 2002, General Motors purchased Daewoo Motors, which was marketing the vehicle with several GM ...
General Motors subsidiaries. Car manufacturers of South Korea. Companies based in Incheon. Hidden categories: Commons category link is on Wikidata. Wikipedia categories named after vehicle manufacturing companies. Wikipedia categories named after companies of South Korea.
Chevrolet (/ ˌ ʃ ɛ v r ə ˈ l eɪ / SHEV-rə-LAY), colloquially referred to as Chevy, is an American automobile division of the manufacturer General Motors (GM).. Louis Chevrolet (1878–1941), Arthur Chevrolet (1884–1946) and ousted General Motors founder William C. Durant (1861–1947) started the company on November 3, 1911 [3] as the Chevrolet Motor Car Company.