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GM Korea
GM Korea Company〔Formerly ''Daewoo Motor Corporation'' (; (:tɛ.u)).〕 ((朝鮮語:한국지엠주식회사),〔Also spelled as 한국GM주식회사.〕 ) is South Korea's second largest automobile manufacturer and a subsidiary of the General Motors Company. 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/Vauxhall and Buick that are offered in more than 150 markets on six continents.
On January 20, 2011, General Motors announced that GM Daewoo would be renamed GM Korea "to reflect () heightened status in () global operations of GM," effective March 2011. Most of the former Daewoo products were rebadged as Chevrolets. GM´s luxury division Cadillac is also available in South Korea.
==History==
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, 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.
Korean Development Bank (KDB), the company's creditor, took over management in 1976 as the company found itself unable to cope with competition from Hyundai and Kia. After the Daewoo Group gained control in 1982, the name was changed once more to Daewoo Motor. In the early 1990s the company started to expand heavily throughout the world. Until 1996 all Daewoo cars were based on GM-designed models. After the Asian financial crisis reached South Korea in 1997, Daewoo took over the troubled SUV manufacturer SsangYong in 1998, but ran into financial trouble and was forced to sell the company off in 2001 to GM affiliate SAIC.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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