GM Korea

GM Korea Company (Korean: 한국지엠주식회사; formerly GM Korea) is South Korea's second largest automobile manufacturer and is 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. GM Korea 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 rechristened as Chevrolets. GM´s luxury division Cadillac is also available in South Korea, with plans for GM to establish either the Opel or Buick brands there. However, GM Korea is not responsible for the distribution of the Cadillac brand there.