gm daewoo introduces new veritas, korea's true standard for large sedans

GM Daewoo Introduces New Veritas, Korea's True Standard for Large Sedans

Seoul – GM Daewoo Auto & Technology (GM Daewoo) launched today its all new luxurious large sedan, the Veritas. “Veritas” is Latin for “truth.” “The truth about the Veritas is it reflects GM Daewoo’s determination to take Korea’s large sedan segment to an entirely new level,” said GM Daewoo President and CEO Michael Grimaldi. “This luxurious rear-wheel-drive sedan offers excellent driving performance while ensuring unmatch

GM DAEWOO Introduces 2009 Model Year Winstorm SUV

GM Daewoo Auto & Technology (GM Daewoo) has introduced the 2009 model year Winstorm. The latest version of its popular SUV, which includes additional convenience and safety features, goes on sale nationwide beginning August 25. Among the new features that come standard on all models are a roof rail, self leveliz

GM Daewoo Launches 2009 Lacetti Hatchback

The 2009 Lacetti hatchback offers body kits as standard equipment in most trim levels, along with newly designed 15-inch alloy wheels, adding a more dynamic and sportier look. Rear parking assist also comes standard in the SX and Diamond models. “The hatchback market in Korea has been growing steadily,” said Rick Labelle, GM Daewoo Vice President of Vehicle Sales, Service and Marketing. “With its exciting styling and standard amenities, we expect the 2009 Lacetti hatchback to attract many additional

GM Daewoo Launches Winstorm MAXX Premium Compact SUV

GM Daewoo Auto & Technology (GM Daewoo) launched its new premium compact SUV, the Winstorm MAXX, today. The Winstorm MAXX is a five-seat SUV that integrates a dynamic exterior with an elegant interior. Its sporty driving characteristics set it apart from “city commuter” SUVs.Its balanced handling is sustained

GM Daewoo Appoints Kim Tae-wan New Vice President for Design

Seoul - GM Daewoo Auto & Technology (GM Daewoo) announced today that Kim Tae-wan, Managing Director for Design Operations, has been promoted to Vice President for Design, effective June 1. Kim was appointed to his previous post in February 2007. He joined GM Daewoo in January 2006 as Director of Advanced Design.In November 2006, he was appointed Director of Exterior Design. Before joining GM Daewoo, Kim worked at Fiat, where he participa

GM Daewoo Reports Record May Domestic Sales

GM Daewoo Auto & Technology (GM Daewoo) announced today that it sold 14,239 vehicles in Korea in May.This was a record for the month and the second-highest monthly domestic sales in the company’s history. GM Daewoo’s domestic vehicle sales in May increased 22.4 percent from 11,637 vehicles sold in May 2007 and 17.3 percent compared to April 2008 sales of 12,139 vehicles. “The reintroduction of the Damas and Labo mini commercial vehicles played a major role in the upswing in our sales,” said Ri