SEOUL – Competitors here scoff at GM Daewoo Auto & Technology Co., claiming the auto maker has made no sales progress in South Korea since the company was formed in 2002, when it was totally dependent on exports for its survival. GMDAT CEO Nick Reilly acknowledges the comments are true. “We’re proud of the fact that domestically we have stayed at 9%-9.5% of the market, considering the challenges we faced as a startup company,” he says. “We’re proud that we did not lose any of it.” ...
Premium Content (PAID Subscription Required)
"GM Daewoo Steps Up Global Role" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.