Native name
|
한국지엠주식회사 |
---|---|
Formerly called
|
National Motors (1937–1962) Saenara Motors (1962–1965) Shinjin Motors (1965–1972) General Motors Korea (1972–1976) Saehan Motors (1976–1983) Daewoo Motor Corporation (1983–2002) |
Subsidiary of General Motors | |
Industry | Automotive |
Predecessor | Daewoo Motors |
Founded | 1937 |
Headquarters | Bupyeong, Incheon, South Korea |
Area served
|
worldwide |
Key people
|
James Kim, CEO Minerva Matibag, CFO |
Products | Automobiles |
Production output
|
782,721 (2013) |
Revenue | ₩12.92 trillion (2014) |
Number of employees
|
16,919 (2013) |
Parent | General Motors (96%) (1972–present) |
Subsidiaries |
GM Vietnam Uz-DaewooAuto (50%) |
Website | www |
GM Korea | |
Hangul | 한국지엠 |
---|---|
Hanja | 韓國지엠 |
Revised Romanization | Hanguk Ji-em |
McCune–Reischauer | Hang’uk Chi-em |
GM Korea Company (Korean: 한국지엠주식회사,IPA: [hanɡuːk tɕi em]) is South Korea's third largest automobile manufacturer and a subsidiary of General Motors. GM Korea's roots go back to the former Daewoo which was split from its parent company, Daewoo Group, in 2001. It has five manufacturing facilities in South Korea as well as a vehicle assembly facility in Vietnam. In addition, GM Korea provides region and brand-specific vehicle assembly kits for assembly by GM affiliates in China, the United States, Australia, Germany, India, and Brazil. In 2008, GM Korea built more than 1.9 million vehicles, including CKD products. It now produces vehicles and kits for Chevrolet, Holden, Opel and Buick that are offered in more than 150 markets on six continents. GM Korea also has design, engineering, research & development facilities that are involved in development for various GM products, above all small-size cars.
On January 20, 2011, General Motors announced that GM Daewoo would be renamed GM Korea "to reflect [Daewoo's] heightened status in [the] global operations of GM," effective March 2011. Most of the former Daewoo products were rebadged as Chevrolets. GM's luxury division Cadillac is also available in South Korea.