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Archive for Category: "Daewoo"
2011 Daewoo Alpheon
GM Daewoo Auto & Technology (GM Daewoo) unveiled its much-anticipated luxury sedan, the Alpheon, at the 2010 Busan International Motor Show. “With the introduction of the all-new Alpheon luxury sedan, we have added another attractive model to our product portfolio and our first entry in the fast-growing upper-midsize segment in Korea,” said GM Daewoo President [...]
Daewoo to recall 58,000 vehicles in S.Korea
GM Daewoo, the South Korean subsidiary of US car giant General Motors, Sunday recalled more than 58,000 vehicles because of defects, in the latest blow to Asia’s crisis-hit auto industry. The recall affects vehicles sold in South Korea but will be expanded to include those sold abroad, according to GM Daewoo, the country’s third-largest carmaker. [...]
Daewoo vows to return to black this year
GM Daewoo, the South Korean unit of struggling US auto giant General Motors, said Wednesday it intends to return to profit this year and currently needs no further financial support from creditors. “In 2010, GM Daewoo will be profitable. That is my target,” CEO Mike Arcamone told journalists, outlining plans for more aggressive marketing and [...]
