Owning company: General Motors
GM Korea Company 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 marque 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 Daewoo's heightened status in the global operations of GM,” effective March 2011. Most of the former Daewoo products have been rechristened as Chevrolets.