General Motors Korea

GM Korea Company

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)
Type	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.co.kr

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.

GM Korea's roots go back to the remnants of the Korean War and Shinjin Motors, which launched its business by rebuilding scrapped US military vehicles. Shinjin Motor was first established as National Motor in 1937 in Bupyeong-gu, Incheon, South Korea. After changing its name to Saenara Motor in 1962, Saenara Motor was bought by Shinjin Industrial in 1965, which changed its name to Shinjin Motor after establishing a partnership with Toyota. After Toyota's withdrawal in 1972 (to keep doing business with China, which would not trade with companies who engaged in South Korea or Taiwan), Shinjin Motor changed its name to GM Korea (GMK) in 1972 with General Motors purchasing a 50% stake in the company from Toyota in 1972; however GMK was renamed again in 1976 to Saehan Motors.