SEOUL – When Michael Grimaldi set the Lacetti Premiere/Chevrolet Cruze compact-car program in motion, he followed two strategic guidelines. The auto maker needed to sell more units of the new-generation model than the one it was replacing – no small feat considering the current Lacetti is GM Daewoo Auto and Technology Co.’s best-selling vehicle. The new model also had to be more profitable per unit than the previous Lacetti. “In most major countries, smaller vehicles are less profitable ...

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