GM Korea

GM Korea Company
Native name
FormerlyGM Daewoo Auto and Technology Co.[1]
PredecessorDaewoo Motors
Founded2002 (2002)
South Korea
Area served
South Korea
Key people
Kaher Kazem (Chairman & CEO)
Production output
Decrease 782,721 (2013)[2][a]
RevenueDecrease 12.92 trillion (2014)[3]
Number of employees
16,919 (2013)[2]
ParentGeneral Motors (48.19%)
Korean name
Revised RomanizationHanguk Ji-em
McCune–ReischauerHang’uk Chi-em

GM Korea Company[b] (/ˈdw/ [tɛ.u], Korean: 한국지엠주식회사,[c] IPA: [hanɡuːk tɕi em]) is the South Korea's subsidiary of multinational corporation General Motors. GMK is also the third largest automobile manufacturer in South Korea. GM Korea's roots go back to the former Daewoo Motor vehicle brand which was split from its parent company, Daewoo Group, in 2001. It has three manufacturing facilities in South Korea. In addition, GM Korea provides region and brand-specific vehicle assembly kits for assembly by GM affiliates in the United States, Brazil, China, Colombia, and Mexico, and formerly in Australia and India after GM's February 2020 announcement to withdraw from all right-hand-drive markets worldwide. In 2008, GM Korea built more than 1.9 million vehicles, including CKD products. It currently produces vehicles and kits for Chevrolet and Buick that are offered in more than 150 markets on continents that don't have right-hand-drive markets. It produced vehicles and kits for Holden in Australia until the brand's demise in 2020. GM Korea also has design, engineering, research & development facilities that are involved in development for various GM products, above all small-size cars.

  1. ^ Daewoo cars history as GM Korea switches to Chevrolet by 최희석 at The Korea Herald, 20 Jan 2011
  2. ^ 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.
  3. ^ 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]. (in Korean). Business Post. Retrieved 2015-11-25.

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