GM Daewoo pauses production at 4 plants ( Fri, 14 Nov 2008 15:24:00 +0100) GM Daewoo Auto and Technology Co. will idle its four South Korean plants for eight working days from Dec. 22 to Jan. 4 amid slowing demand. Read more
GM Daewoo to halt production for up to 45 days - press ( Thu, 13 Nov 2008 10:53:05 +0100) SEOUL, Nov 13 (Reuters) - GM Daewoo Automotive and Technology Co, a South Korean unit of General Motors , plans to halt production for up to 45 days after Read more
GM Daewoo mulls production halt as sales fall ( Tue, 11 Nov 2008 03:40:07 +0100) SEOUL, Nov 11 (Reuters) - Unlisted GM Daewoo Automotive and Technology Co, South Korea's No.3 auto maker, said on Tuesday it was considering a temporary Read more GM's new small global sedan goes on sale in Korea ( Wed, 29 Oct 2008 17:54:00 +0100) General Motors' new global small sedan, which will be sold as the Chevrolet Cruze in the United States, went on sale here today. In Korea, the car is called the Daewoo Lacetti. Its 1. Read more
CORRECTED-(OFFICIAL)-TABLE-GM Daewoo Sept sales up 10 pct y/y ( Wed, 01 Oct 2008 09:28:08 +0200) (Company revises overseas sales figures) Oct 1 (Reuters) - GM Daewoo Automotive and Technology Co's sales during September (in vehicles): Sept 2008 Sept Read more
TABLE-S.Korea's GM Daewoo Sept sales up 5 pct y/y ( Wed, 01 Oct 2008 07:23:48 +0200) Oct 1 (Reuters) - GM Daewoo Automotive and Technology Co's sales during September (in vehicles): Sept 2008 Sept 2007 TOTAL SALES 71,380 68,084 OVERSEAS Read more
Korea to Build European Chevrolet Cruze, 7-Seat Orlando ( Thu, 18 Sep 2008 18:42:07 +0200) A knowledgeable source confirms the Orlando multipurpose concept vehicle GM plans to unveil in Paris next month will be produced for sale in Europe by GM Daewoo. Read more
GM Daewoo Workers Ratify Wage Agreement ( Tue, 09 Sep 2008 16:53:11 +0200) The latest deal includes an 84,000 won ($76.27) monthly wage increase, a performance bonus of 2-months pay and an incentive bonus of 2.3 million won ($2,088). Read more
GM Daewoo 'pleased' with LG Chem battery tech-CEO ( Thu, 04 Sep 2008 09:29:11 +0200) SEOUL, Sept 4 (Reuters) - GM Daewoo Auto & Technology Co, the South Korean unit of General Motors Corp, said Thursday it was "very pleased" with battery Read more
GM shifts some vehicle design work to U.S. ( Mon, 01 Sep 2008 05:01:00 +0200) General Motors is shifting vehicle design work for some brands marketed outside North America to suburban Detroit. Vehicles for Daewoo, Holden, Opel or Vauxhall may be styled in Michigan. The decision is a response to U.S. Read more
Union at GM Daewoo rejects pact ( Thu, 28 Aug 2008 15:09:00 +0200) SEOUL -- The union at GM Daewoo Auto and Technology Co. today voted against a tentative agreement, made this week, that ended two months of partial strikes related to contract negotiations. Read more
Bidders invited for S.Korea's Daewoo Shipbuilding ( Thu, 21 Aug 2008 12:32:47 +0200) SEOUL, Aug 21 (Reuters) - Creditors of Daewoo Shipbuilding & Marine Engineering Co Ltd are formally seeking bidders for a 50.4 percent stake in the world's Read more
Ford to Take Over Romanian Distribution in 2010 ( Mon, 04 Aug 2008 16:44:19 +0200) Ford says the decision is the next logical step following a steady increase in vehicle sales in recent years and the purchase of the former Daewoo Automobile Romania plant in Craiova. Read more
GM Daewoo to up prices by 2 pct in S.Korea from Aug ( Thu, 31 Jul 2008 04:28:41 +0200) SEOUL, July 31 (Reuters) - GM Daewoo Automotive and Technology Co, South Korea's No. 3 automaker, said on Thursday it plans to raise car prices by an Read more
GM Daewoo starts production after tire price dispute ( Thu, 24 Jul 2008 15:03:00 +0200) Production at GM Daewoo Auto and Technology's main Bupyeong plant in South Korea resumed Tuesday, July 22, after a price dispute with tire suppliers halted lines there. Korean tire makers Kumho Tires Co. Inc. and Hankook Tire Co. Ltd. Read more
GM Daewoo starts production after tire price dispute ( Thu, 24 Jul 2008 15:03:00 +0200) Production at GM Daewoo Auto and Technology's main Bupyeong plant in South Korea resumed Tuesday, July 22, after a price dispute with tire suppliers halted lines there. Korean tire makers Kumho Tires Co. Inc. and Hankook Tire Co. Ltd. Read more
GM Daewoo resumes output as tyre supply restarts ( Tue, 22 Jul 2008 09:25:10 +0200) SEOUL, July 22 (Reuters) - Unlisted GM Daewoo Automotive and Technology Co, South Korea's No.3 auto maker, said on Tuesday it had resumed production at Read more
GM Daewoo halts car output on tyre supply stoppage ( Fri, 18 Jul 2008 10:45:14 +0200) SEOUL, July 18 (Reuters) - Unlisted GM Daewoo Automotive and Technology Co, South Korea's No.3 auto maker, said on Friday it halted production at its Read more 09 Replacement for Chevy Optra Targeted for Lordstown ( Fri, 06 Jun 2008 14:19:31 +0200) Sources tell no decision has been made on whether Lordstown staff or workers will go to Korea to understudy production processes at GM Daewoos Gunsan plant, however there will be cooperation. Read more
Former Hyundai India Exec Looking to Buy Heuleiez to Make Electric Cars ( Wed, 04 Jun 2008 16:52:11 +0200) B.V.R. Subbu, the former president of Hyundai Motor India, who left in 2006 to buy the empty Daewoo plant in Surajpur, has begun negotiations to take a majority stake in Heuliez. Read more
S. Korea's Daewoo helps propel GM's growth ( Thu, 24 Apr 2008 08:50:57 +0200) BUPYUNG, South Korea -- The automotive operations say GM Daewoo, but Chevy East might be a more telling name. Read more
Daewoo Shipbuilding union votes to fight sale plan ( Tue, 08 Apr 2008 12:23:54 +0200) SEOUL, April 8 (Reuters) - Unionised workers at South Korea's Daewoo Shipbuilding and Marine Engineering Co voted on Tuesday for strikes to fight a planned Read more Production Already Robust at GMs New Uzbekistan JV ( Wed, 26 Mar 2008 18:28:20 +0100) UzDaewooAvto produced a record 171,809 vehicles last year, up 22.7% from 2006. Read more
Seoul shares end steady, Daewoo jumps on sale plan ( Wed, 26 Mar 2008 08:46:13 +0100) By Park Jung-youn SEOUL, March 26 (Reuters) - Seoul stocks closed up 0.3 percent on Wednesday after moving sideways for most of the session, although Read more
UPDATE 1-S.Korea starts Daewoo Shipbuilding sale, shares jump ( Wed, 26 Mar 2008 04:37:10 +0100) (Adds details) SEOUL, March 26 (Reuters) - South Korea will start the sale process for Daewoo Shipbuilding and Marine Engineering Co , the world's No. Read more