Company Overview of GM Korea Company
GM Korea Company engages in the design, development, production, and sale of vehicles in South Korea. The company manufactures passenger vehicles, sports cars, and light commercial vehicles primarily under the Chevrolet and Alpheon brands. It also offers vehicle kits for assembly at GM facilities in China, Uzbekistan, Mexico, India, Colombia, Russia, and other countries. The company serves customers through a sales network with five regional distributor systems. GM Korea Company exports its products to automakers internationally. The company was formerly known as GM Daewoo Auto & Technology Company Ltd. and changed its name to GM Korea Company in January 2011. The company was founded in 1937...
Founded in 1937
Key Executives for GM Korea Company
Chief Executive Officer and President
Chief Financial Officer and Vice President
Vice President of Sales, Service, and Marketing
Compensation as of Fiscal Year 2015.
GM Korea Company Key Developments
General Motors Korea Starts Selling Chevrolet Trax Diesel
Aug 25 15
General Motors (GM) Korea began sales of the Chevrolet Trax diesel variant in South Korea. The model is powered by a 1.6-litre CDTi diesel engine capable of offering maximum power of 135 hp and 32.8 kgm of maximum torque. The model is compliant with Euro VI vehicle emission standards and is claimed to offer a fuel efficiency of 14.7 km/litre, an improvement from the gasoline (petrol) version, which reportedly offers 12.2 km/litre. Safety features include electronic stability control, while the overall frame features ultra high-strength steel sheets, used in more than 66% of its exterior. The diesel variant of the Chevrolet Trax is priced in the range of KRW 21.95-KRW 24.95 million (USD 18,330-USD 20,840), about KRW 1 million more than the gasoline model.
General Motors (GM) Korea Launches New Chevrolet Impala Sedan
Aug 11 15
General Motors (GM) Korea began sales of its latest Chevrolet Impala sedan in the country. The vehicle is available with either a 2.5-litre or a 3.6-litre gasoline (petrol) engine, with a claimed fuel efficiency of 10.5 km/l and 9.5 km/l, respectively. Its features include powered folding side mirrors, rain-sensing wipers, forward collision alert, rear cross traffic alert, and side blind zone alert, along with 10 airbags. In infotainment features, the model comes with Apple's CarPlay, and improved sound system.
General Motors (GM) Korea Reports Sales Results for the Month of July 2015
Aug 3 15
General Motors (GM) Korea reported sales results for the month of July 2015. For the month, the company reported a 20.6% year on year gain in total sales to 59,490 units, helped by a 30.7% year on year jump in exports to 47,088 units, although domestic sales slipped 6.8% year on year to 12,402 units.
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