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Chevrolet Production Staying Put In Korea
Despite an explicit suggestion from Opel’s own CEO that Chevrolet cars could be built in European Opel plants, GM Korea has shut the door on such an idea. GM Korea CEO Sergio Rocha told reporters as the Busan Auto Show that plans for such a move didn’t exist, even though they were “…looking at it”. [...]
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GM to introduce Chevrolet brand into Korea from 2011
General Motors will introduce its Chevrolet brand in to Korea from next year. GM Daewoo Auto & Technology President and CEO, Mike Arcamone made the announcement today at the opening of the Busan International Motor Show. “The introd... Read Post
Peugeot to shut 30-year-old plant, save jobs
Peugeot is planning to shut down and sell off a 30-year-old French plant while vowing to save its more than 600-strong workforce. The Financial Times reports that PSA Peugeot Citroen, Europe’s second-biggest car maker by sales, plan... Read Post
European Chevrolet Production May Help Ease Opel Capacity Problem
With Opel’s fortunes in the toilet and Chevrolet vehilces gaining ground in Europe, Opel brass are looking at an obvious solution – stop building Chevrolet products in South Korea and start building them in Europe. Opel CEO Karl-Fri... Read Post