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.” ...
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