GM Daewoo Auto & Technology Co. Ltd. recently broke ground for its new diesel engine plant in Kunsan, about a 2-hour drive south of Seoul on South Korea’s west coast. The new facility will produce passenger-car diesel engines under license from DaimlerChrysler AG subsidiary VM Motori of Italy and will be located adjacent to GM Daewoo’s existing Kunsan car plant, which has port facilities. The 204,516-sq.-ft. (19,200-sq.-m) engine plant involves an investment of 475 billion Korean won ...
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