2nd November, 2005
GM Daewoo Auto & Technology (GM Daewoo) announced
yesterday that 112,631 of the Incheon-based car maker's vehicles were sold globally
in October, setting a monthly sales record for the car maker for the second
Buoyed by strong demand for its products around the world, total sales for
the month climbed 40.6 percent from October 2004, when 80,127 vehicles from GM
Daewoo were sold.
Total sales in the first 10 months of 2005 grew 27.3 percent on a
year-on-year basis to 911,811 units from last year's 716,222 units.
Exports in October rose 45 percent to 103,123 units from last October's
71,095 units, exceeding 100,000 units on a monthly basis for the first time in
the company's three-year history. Strong demand for GM Daewoo products assembled
at GM facilities in China, Thailand, India, Colombia and Venezuela fueled a big
rise in KD exports to 50,774 units. This represented an increase of 80 percent
from the 28,208 units exported in the same month last year. Exports of complete
vehicles increased 22.1 percent in October 2005 to 52,349 units from last
October's 42,887 units.
GM Daewoo's domestic sales in October rose 5.3 percent to 9,508 units from
9,032 units in the same month last year. This represented an increase of 5.4
percent from September.
For the first 10 months as a whole, GM Daewoo exports rose 30.4 percent to
823,743 units from 631,545 units in the same period last year. Domestic sales in
the first 10 months increased four percent to 88,068 units from 84,677 units in
the same period last year.
GM Daewoo Auto & Technology was established in 2002. It has five
manufacturing facilities in Korea as well as an assembly facility in Vietnam. GM
Daewoo products are also assembled at GM facilities in China, Thailand, India,
Colombia and Venezuela. In 2004, GM Daewoo sold over 900,000 vehicles with
exports to more than 150 countries. Imported GM products from the Cadillac and
Saab premium brands are sold in Korea through GM AutoWorld retailers.
The Daewoo Kalos arrives in Australia
in December as the Holden Barina (above).
Hummer To Sponsor Team Dakar USA
2nd November, 2005
Hummer and Robby Gordon Motorsports have joined together to take on the
Dakar Rally, widely considered to be the most grueling off-road race in the world .....
GM'S 2005 SEMA Showcase
2nd November, 2005
GM will make a big impact at this year's Specialty Equipment Market Association
(SEMA) show, proving that with the right combination of technology, great products and accessories, it's possible to pack
performance, style and fuel economy into one exciting package .....
GM's Global Growth Continues
27th October, 2005
General Motors reported calendar year-to-date sales (January - September) of
7,066,774 vehicles around the world – a 3.7 percent increase over 2004 .....
GM Opens Russian R&D Science Office
26th October, 2005
General Motors will open a new R&D science office in Moscow in order to
leverage Russian science institutes and universities on a broad array of technologies .....
S3X From Daewoo For Holden
16th October, 2005
Holden is showing the striking S3X concept SUV at Sydney's Australian
International Motor Show, as the preview for a Daewoo-sourced seven-seater Holden destined for Australia next year
Holden's Wild Hot Rod Brings FJ Back to Life
13th October, 2005
A wild 21st Century hot rod reinventing one of Australia ’s most famous
cars, the FJ Holden, was unveiled today at the Australian International Motor Show in Sydney .....
Historical Brazilian Truck's Driving Odyssey
12th October, 2005
An intrepid group of eight passionate Brazilian adventurers
traveled nearly 19,312 kms (12,000 miles), crossing two continents, eleven countries and the Amazon River .....
Viva is Holden's Big News
10th October, 2005
Holden has launched Viva – a new nameplate, for the Holden brand .....
Subaru and GM Walk Away From Each Other
7th October, 2005
Fuji Heavy Industries, the maker of Subaru cars, released its plan of their
alliance changes .....
2005 Special Edition VZ Commodore Lumina
28th September, 2005
Holden is delivering more than $6,000 of extra features in the new
special edition VZ Commodore Lumina sedan and wagon .....
Holden's New Tigra Hardtop Convertible
23rd September, 2005
Holden is stepping up its focus on the small car market with the pending launch of
the Tigra hardtop convertible
Extra Temptation For Holden's SS Models
13th September, 2005
Holden’s SS model performance heroes will deliver extra temptation in SSZ
special editions to be released on Commodore, Ute and Crewman
America's Pontiac Solstice Is Pure Roadster
11th September, 2005
Inspired by the pure driving experience offered by classic roadsters, the
2006 Pontiac Solstice delivers invigorating driving thrills with balanced performance
Global Alliance for Hybrid Drive Development
10th September, 2005
BMW Group, DaimlerChrysler AG and General Motors have signed a "memorandum of
understanding" governing the formation of an alliance for the development of hybrid drive systems
Holden Launches Dual-fuel Commodore
9th September, 2005
The success of Australia ’s most popular car range will be enhanced with the
launch of a dual-fuel Commodore, featuring a newly-developed version of GM Holden’s 3.6 litre Alloytec V6
31st August, 2005
Where does the 2006 Cadillac BLS, which is set for its world premiere at the
2005 Frankfurt Motor Show, sit in Holden's plans for the future?
Holden Workforce Restructure
26th August, 2005
GM Holden Ltd has made a decision to reduce the workforce size of its
South Australian operations
America's Chevrolet SSR
23rd August, 2005
When it comes to the SSR, the shy need not apply. This heritage-styled
roadster utility turns heads, garners thumbs-up and elicits smiles
150 Holdens Crushed for Emergency's Sake
19th August, 2005
A total of 150 Monaros, Commodores, Rodeos and other Holdens with a retail
value of more than $5 million have been shipped to New Zealand to become scrap metal in the name of emergency safety .....
Hummer H3 Now Arriving In Europe
28th July, 2005
General Motors continues its global expansion with the announcement
yesterday it will sell the all-new 2006 Hummer H3 in Europe. The H3 will come to Australia in early 2007 .....
Last Hurrah for Holden's Legendary Monaro
26th July, 2005
Holden will next month release a striking special edition, Monaro CV8-Z, as
the final chapter in a remarkable success story in Australian automotive history .....
Holden Expands The Astra Line-Up
18th July, 2005 Additional details added 21st July, 2005
Holden has extended its popular Astra small car range with a sporty new
three-door coupe and a versatile compact wagon
GM Again Increases Sales in Europe
15th July, 2005
General Motors sold over 1,063,000 vehicles in Europe in the first half of
2005, an increase of more than 23,000 or 2.3% over the same period last year
GM Thailand Sets Benchmark for Industry Safety
14th July, 2005
General Motors Thailand recently achieved a new milestone for automotive
industry safety, surpassing 40 million hours worked without a single working day lost
Holden Hits Record First Half Sales
6th July, 2005
Holden has achieved its highest first half sales in history and reached the
half year mark with Australia's best selling passenger and light truck ranges
GM Daewoo Achieves First-Half Sales Record
4th July, 2005
GM Daewoo Auto & Technology (GM Daewoo) announced on Friday that it sold a
record 507,910 vehicles worldwide in the first half of 2005
Corvette C6.R Scores Class Win At Le Mans
24th June, 2005
Corvette Racing made history last weekend at the 24 Hours of Le Mans, scoring its
fourth 1-2 finish in the GT1 class in five years with the new Corvette C6.R .....
New Barina and Viva For Holden
23rd June, 2005
Regular readers will recall that the Editor said last year that GM was good for
Daewoo and that Daewoo was good for GM. The new Barina and the new Viva, together with the as yet unannounced small AWD
(petrol and diesel), are proof that Daewoo was an excellent acquisition for General Motors
Chevy Announces Corvette Z06
16th June, 2005
Chevrolet has announced that the fastest Corvette ever — the 505-horsepower Corvette
Z06 — will achieve 0-60 mph in 3.7 seconds while still in first gear
The New Vectra For 2006
16th June, 2005
Highlights of the new Vectra include a completely new, striking face in the dynamic
GM design language, an extensively modified engine range with a brand new, top-of-the-line 230 hp 2.8-litre V6 turbo, as well
as an array of class-leading technical features
New Chevrolet Corvette C6.R Racers
7th June, 2005
Having scored three GTS class victories in five years, the Corvettes return
to the 24 Hours of Le Mans on 18th June
Australian Trade Minister Helps Introduce Holden Flagship Cars To South Korea
2nd June, 2005
The Federal Trade Minister, the Hon. Mark Vaile, helped General Motors
introduce the Holden designed and manufactured GM Daewoo Statesman prestige car to South Korea .....
Holden Statesman International (WL series)
30th May, 2005
Australia’s renowned luxury car will have a sportier edge when Holden
releases the 2005 Statesman International this week .....
Hummer H3 deliveries begin in USA
23rd May, 2005
Deliveries of the midsize sport utilities to US dealers is now underway. Assembly of
this new model will begin late next year in South Africa. It is this South African built version which will come to Australia
in 2007 ..... more
Holden Unveils New Headquarters
19th May, 2005
Holden moved from art deco to state-of-the-art yesterday, with the opening of
its new headquarters at 191 Salmon Street, Port Melbourne .....
New VZ Storm Ute and Crewman
28th April, 2005
Holden announce the special edition Storm Ute and the first ever Storm Crewman
Hummer H3 Ready For Its US Release
28th April, 2005
America sees the new Hummer H3 next month, ahead of its 2007 Australian release .....
MADE IN CHINA: GM's new world car
26th April, 2005
The all-new Chevrolet Aveo made its worldwide debut, last week,
at the Shanghai Motor Show. It will be sold in more than 120 countries and territories .....
The Statesman Goes To South Korea
18th April, 2005
GM Daewoo has introduced its new flagship model and first large car, the Daewoo
Statesman ..... more
Vauxhall Astra Diesel
20th April, 2005
Will we see a diesel engine in the Holden Astra? .....
Holden To Import Cars From GM Daewoo
12th April, 2005
Holden today confirmed that it would begin importing vehicles from General Motors’
South Korean operations (GMDAT) later this year .....
Hummer H3 Is Coming To Australia In 2007
7th April, 2005
General Motors announced overnight that the Hummer H3 will
be assembled in South Africa, for world markets. Naturally, Next Car is the first Australian media outlet to publish the details
Colin Powell To Drive Pace Car At Indy 500
6th April, 2005
Colin Powell, former U.S. Secretary of State,
will drive a 2005 Chevrolet Corvette convertible pace car to lead the field to the start of the 89th running of the Indianapolis
500 on 29th May, 2005
Holden Scores First Quarter Sales Record
5th April, 2005
Holden has achieved its second month of market
leadership in 2005, helping it to a record first quarter sales result