GM Agrees to Pay Korean Workers a Record Bonus of $6,140 Each and Increase Basic Salaries by 4.7%!

The South Korean division of General Motors has agreed to a record bonus payment for its employees following a partial strike last week. This was the first organized union strike to hit GM Korea in three years and it led to a production loss of 9,700 units.
The agreement between GM Korea and the union includes a raise of basic salaries by 4.7% and, more importantly, a $6,140 (6.5 million won) bonus to each worker.
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Daewoo to Import Custom-Made Chinese Cars in Korea

GM’s Korean subsidiary Daewoo is planning to import tailored-made vehicles for its home market from China within the next two to three years according to an announcement made by the company’s CEO, Lee Dong-ho. To make things spicier, Lee said that Daewoo will not design the cars itself, but instead it will commission medium-sized Korean firms that already design cars for Chinese carmakers to do the work.
“With help of these firms, we plan to commission production of cars that reflect the taste of Korean consumers with existing Chinese car models,” said Lee. “Just like large distributors supply goods at reduced price by creating their own brands, we can do the same thing with cars.” -Continued
Daewoo’s ultimate goal with this move is to shift the company’s current manufacturer-centred market structure into a merchandiser and consumer-centred one. In terms of what models will be imported to Korea, Lee noted that Daewoo is mainly interested in fuel-efficient small cars, minivans and large vans capable of transferring 15 or more passengers. (Pic: rezza foournito)
Via: Chosun
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rezza foournito: Korean Car Posts and Commentators..

This is an unusual post from rezza foournito but we felt that we had to say something about a series of comments that we have been receiving from an individual(s) whenever we post something about Korean cars. Being negative or sarcastic is one thing and we totally appreciate hearing your thoughts, but calling people “idiots” or saying that they are worth dying in an accident if they own a Korean car for instance, is something unacceptable on our behalf (see one of the rejected comments after the jump).
Don’t get us wrong; we support the freedom of speech with all our heart, but you have to draw the line somewhere. Your freedom stops where the other's freedom starts… -Continued
Just to get a taste fo what we're talking about, here’s one of the comments we decided to remove from our post on the Hyundai Genesis Coupe:
Anon#2: You are doing a GREAT JOB!!

Eveyone should know the truth about hyundai/kia, koreans know nothing but CHEATING,COPYING and PASTING.

I wonder what's in their brain... dog crap??

So as those ppl who said those garbages are "good"?! It's really SAD...

There should be a law: "People who have hyundai/kia, when they have accidents on the road, they should not be saved by people, they deserve to die in the accidents anyway, dont waste the resources on them please!!"
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Alfa Romeo “Replica” Based On A Daewoo!

If you manage to discover which Daewoo model is hiding behind that Alfa Romeo Brera look-alike front end without cheating, then you’re certainly a candidate for our “Golden Steering-Wheel” award. Well, don’t get too excited, we’re still just a blog you know. However, you will definitely win our respect if that counts for something. Give up? It’s a…. (drums) Daewoo Cielo! In case you’re wondering WTF is a Ceilo, it’s a compact hatch based on the 90’s Opel Kadett, also known as the Daewoo Nexia, Asuna, Racer and Maepsy. Now if you excuse us, we’ll just take a few minutes off to pay a visit to the dunny and dispose our Italian grinder… -More pics after the jump
Via: Autoblog.nl
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Seoul Show: Daewoo G2X aka Saturn Sky or Opel GT

Along with the Holden Statesman derived LX4, GM Daewoo also made the public debut of the road-going version of the G2X roadster which is the third interpretation (or fourth if you include the Pontiac Solstice) of the Saturn Sky rear-wheel drive roadster. Like its European counterpart the G2X gets a 2.0-liter turbocharged engine delivering 260Hp that shoots it up to 100 km/h (62mph) from standstill in 5,5 sec and to a top speed of about 227 km/h (141mph). Full press release and a high-res image gallery after the jump (Click “Read More…” below)








Press Release: Daewoo G2X - An Exhilarating Roadster for Korea
The premiere of the unique G2X roadster a few months ahead of its domestic sales, which start in late summer, is a true highlight of this year’s Seoul Motor Show.
Its longitudinally front-installed 2.0-liter 260-hp engine with turbocharger and gasoline direct injection accelerates the roadster to 100 km/h from a standing start in just 5.5 seconds, and to a top speed of about 227 km/h.
“The G2X is a classic roadster with abundant power and breathtaking acceleration. Hence, it will offer true sports car performance and an exhilarating driving experience,” said Grimaldi. “To further strengthen the GM Daewoo brand, we will offer Korean consumers something no other Korean manufacturer has in its showroom.”
The G2X brings with it a lot of personality thanks to its exciting shape, which contrasts sharp edges with curved surfaces to create a dynamic look. With a wide stance, sleek silhouette, long front-hinged hood and short overhangs, the proportions are typical of its class.
High-tech features such as gasoline direct injection, a twin-scroll turbocharger with intercooler, double camshaft phasing and twin counter-rotating balance shafts provide the basis for the 1,998-cm 3 four-cylinder engine’s impressive performance data. Maximum output of 194 kW/260 hp at 5,300 rpm and high torque plateau of 353 Nm (35.9 kh.m) between 2,500 and 5,000 rpm ensure plenty of power in all situations.
For the G2X, engineers designed a classic sporty configuration based on a rigid chassis, wide track (front/rear: 1,543/1,561 mm) and long wheelbase of 2,415 mm. All four wheels are suspended from twin A-arms made from forged aluminum, the center of gravity is low, and the weight distribution of 51:49 percent (front/rear) is well balanced.
An automatic five-speed transmission with limited slip differential efficiently provides propulsion power to the rear wheels. A torque beam between the transmission and rear axle suppresses reactions to acceleration/deceleration effects. All wheels are fitted with large disk brakes, while ABS and ESP (which, like Traction Control, can be switched off) monitor safety.
G2X Specifications
Specification
Length (mm) 4,091
Width (mm) 1,813
Height (mm) 1,273
Wheelbase (mm) 2,415
Track (mm) Front 1,543
Rear 1,560
Engine Type Four-cylinder High-tech Turbo Direct Injection
Displacement (cc) 1,998
Max. Power (hp) 260
Max. Torque (kg.m) 35.9
Technorati: Seoul+Motor+Show, Daewoo+G2X, pictures, images, auto+news, car+news, automobile, cars, automotive, vehicles, rezza foournito, blogs, 2007

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Seoul Show: Daewoo L4X aka Holden Statesman

Funny isn’t; GM takes the Aussie made and Holden Commodore based Statesman to Korea but not to the US where it could replace the Chevrolet Impala. The rear-wheel drive LX4 will be offered in Korea with Holden’s 258Hp 3.6-liter V6 matched with a 5-speed automatic transmission but not with a V8. The only significant change the Koreans made to the Statesman is the new jail-house like grille and the bird stand on the hood. -Press Release and a high-res image gallery after the jump (click “Read More”).






Press Release: Daewoo L4X - Premium Large Sedan of the Future
GM Daewoo is lifting the veil on a show car version of its much-anticipated long-wheelbase premium large sedan, the L4X.
The rear-wheel-drive product, which is close to a production version, permits a first glimpse into what GM Daewoo is pursuing as its premium large sedan. GM Daewoo’s future flagship will boast a superior level of refinement, safety and comfort features.
“The L4X exemplifies what a true premium large sedan should be. It excels in the most fundamental virtues of its segment,” said Michael Grimaldi, President and CEO of GM Daewoo. “For example, it has segment-leading interior space and rear seat comfort.”
He added, “Our latest show car is not only stylish, it also offers an array of convenience features and luxury appointments to satisfy the most sophisticated Korean consumers.”
The L4X comes with a powerful 3.6-liter V-6 powerplant that is matched with a smooth-shifting five-speed automatic transmission. The state-of-the-art alloy engine generates peak power and torque of 258 hp at 6,500 rpm and 34.7 kg.m at 3,200 rpm.
What makes the L4X stand out in terms of superior ride and handling are its sharpened chassis dynamics coupled with a longest-in-class 3,009-mm wheelbase, world-class structural stiffness and a sophisticated rear-wheel-drive system.
Its elegant exterior design, which will set it apart from other premium sedans, is characterized by a stretched silhouette and a wide stance accentuated by flared wheel arches. The longer rear doors are the key to the dramatic proportions, which are accentuated by a sweeping roofline and substantial wheel and tire package. As a result of the longest wheelbase among Korean large sedans, the wheels have been moved to the very corners of the car, making it look and perform in a stable and sporty manner.
Detail highlights include signature LED repeater lamps in the fender vents, striking LED tail lamps and bright chrome accents. Its bi-xenon headlamps and tail lamps have a high-tech, precise and almost diamond-like appearance, with finely detailed elements that make them sparkle and glisten. The bright chrome bodyside molding and chrome-highlighted door handles add a touch of sculptured elegance to the side.
The themes for the interior design are comfort, harmony, luxury and attention to detail. The L4X offers a spacious and safe passenger compartment that provides a prestigious driving environment with optimized storage, packaging and ergonomics.
To give owners second-to-none premium comfort, the production version of the new GM Daewoo flagship will feature an array of safety and convenience features, including a navigation system with Digital Multimedia Broadcasting (DMB) TV, bi-xenon headlamps, curtain air bags, tri-zone automatic temperature controls, power rear seats with three-step temperature control heating and rear-back massage, power rear-window curtains, roller blinds, a rearview camera and power-folding outside rearview mirrors.
L4X Specifications
Specification
Length (mm) 5,164
Width (mm) 1,900
Height (mm) 1,480
Wheelbase (mm) 3,009
Track (mm) Front 1,592
Rear 1,608
Engine Type V6 DOHC
Displacement (cc) 3,565
Max. Power (hp) 258
Max. Torque (kg.m) 34.7
Technorati: GM, Daewoo+LX4, Holden+Statesman, Seoul+Motor+Show, auto+news, car+news, automobile, cars, automotive, vehicles, rezza foournito, blogs, 2007, pictures, images

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Daewoo G2X – GM’s Korean version of the Saturn Sky Roadster

GM’s Korean subsidiary unveiled the G2X roadster at the Busan International Motor Show (April 28 until May 7). Besides the name, the G2X is identical to the Saturn Sky Roadster & the Opel GT Roadster.
Like its American brother, the two-seater G2X features a 177 horsepower, 2.4-liter engine. Equipped with a five-speed manual transmission, the G2X hopes to attract urban drivers in the 21-35 age bracket, a marketing official at the auto show said.
Pricing details were still being set and the model is expected to hit showrooms within months, according to Korean officials.


In South Korea, some analysts say GM Daewoo is on track to unseat Kia Motors Corp. as the nation's second-largest automaker. Last year, GM Daewoo sold 1.15 million vehicles at home and abroad, compared with 1.26 million units sold by Kia Motors.
On the back of such promising results, GM Daewoo announced in March it would rehire all of the 1,725 workers laid off by their former employer, the bankrupt Daewoo Motor Co., by the end of next month.
"The greatest achievement during GM Daewoo's short history is welcoming back all of the workers that our predecessor had to let go," said Rick Labelle, vice president of GM Daewoo's commercial operations.

Technorati Tags: Daewoo+G2X, Saturn+Sky, Opel+GT, GM, autos, auto+news, automobile, cars, images, pictures
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Daewoo Winstorm

GM Daewoo name their new medium SUV, Winstorm and announce an agreement to rehire by the end of May all 1,725 workers laid off in the 2001 restructuring plan
GM Daewoo announced that it named their edition of the Korean developed medium SUV, Winstorm. The Winstorm- a combination of the words 'Win' and 'Storm', is scheduled to debut in Korea in June. The vehicle will have a 2.0 litre diesel VGT (Variable Geometry Turbo) engine and it will be available in five-seater and seven-seater editions. The car will fit somewhere in-between Hyundai's Santa Fe and Tucson models, with prices yet to be announced.
GM Chairman Rick Wagoner, now in Korea, visited the company's plant in Bupyeong, Gyeonggi Province and tested the vehicle himself. "The Winstrom will carry on the tradition of my company, which developed the world's first SUV Chevy Suburban in 1935," he said. "I believe it will play a big role in increasing our market share worldwide not only in Korea."
* The Daewoo Winstorm is practically the same car as the Chevrolet Captiva (Click on the link to see the full press release, specifications & pictures: Read more HERE & HERE). This medium SUV will also base an Opel version for Europe and a Saturn version aimed for the USA


GM DAEWOO REHIRES LAID OFF WORKERS
Union and management representatives of GM Daewoo Auto & Technology on Friday announced an agreement to rehire by the end of May all 1,725 workers laid off in restructuring in 2001, when GM acquired Daewoo Motors. GM Daewoo is the first company in the country that has ever hired back every last worker it rationalized out.
In the past five years, GM Daewoo has been reborn as an entirely different firm. Its sales last year increased 30 percent from the previous year and its exports 50 percent. As a result, GM Daewoo netted profits of W64.7 billion (US$64.7 million), a record even counting the years when it was plain Daewoo Motors. That success is due to vibrant exports taking advantage of GM's worldwide marketing networks, and particularly to hugely improved exports to China.
Now GM Daewoo is able to rehire all the 1,700-plus workers it laid off. The firm plans to move from the current single shift at the Bupyeong Plant into two shifts in June, when all five GM Daewoo plants will go into full operation.
SUV, Chevrolet+Captiva, images, pictures, autos, auto+news, daewoo winstorm, business news
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Chevrolet Epica Press Release

Press Release: New mid-size category Chevrolet Epica with a straight six engine
Geneva. The world premiere of the Chevrolet Epica at the Geneva Motor Show (March 2 – 12, 2006) will be accompanied by three other important "firsts". To begin with, it is the first car that Chevrolet Europe will put on the market with a six-cylinder engine. Secondly, it will be the first transversally installed in-line six in the mid-size category in Europe, and finally, in early 2007, it will become available with a diesel engine. Boasting a comprehensive range of comfort and safety equipment, the new four-door Epica is scheduled for distribution in early summer 2006.
With its sporty yet stylish contours, the Evanda successor will suit the taste of European drivers. In the clearly organized front section, attention focuses in particular on design details like the large wrap-around, clear-glass headlamps, the powerful-looking cross strut with its large Chevrolet emblem in the chrome-plated grille, and the fog lamps integrated harmoniously like spotlights into the bumper.
The Epica also radiates a clean, modern look from the side. Its wedge-shaped profile is dominated by a striking character line that runs along the upper half of the door, extending to the front and rear wings. The effect is emphasized by the fact that the grab-type body-coloured door handles are positioned exactly on this character line. Another eyecatching feature are the large outer mirrors with integrated indicator lamps. The rear view is dominated by the large bumper and the tail lamps with circular lamp lenses, joined by a wide chrome strut.
Compared with its predecessor, the Evanda, the front-wheel Epica has grown in stature. The length of 4,804 mm (plus 34 mm), width of 1,807 mm and height of 1,449 mm, in combination with the wheelbase of 2,700 mm, guarantee a generous amount of space inside for the passengers and luggage. For the latter, the trunk has a capacity of 435 l (according to the VDA standard). With its asymmetrically split, folding rear seat backrest and an armrest opening for such items as skis, the new Epica is also well equipped for carrying difficult items.
Safety: Stable passenger compartment, six airbags and ABS brake system
The Epica has a modern chassis with McPherson suspension struts at the front and a multi-link rear suspension. They are accompanied by a highly efficient brake unit with four disk brakes as standard (ventilated at the front), four-channel ABS and electronic brake-power distribution. The standard safety package for the Epica also includes many passive safety features like the rigid passenger cell (made 40 percent of high-strength steel) plus front airbags for the driver and front-seat passenger and side and curtain airbags.
The equipment in the new Chevrolet sedan corresponds to that of an upper mid-size car. The Epica is available in two equipment versions, the LS and LT. In the pleasantly styled interior, an ergonomically designed cockpit with a large display for the board computer (LT) makes driving both more comfortable and easier. The basic LS version has a height-adjustable driver's seat, electrical window raisers at the front and back, remote-controlled central locking, thermal insulation glass, air-conditioning and a leather steering wheel. Optional accessories include light alloy wheels (up to 17") and audio units with an MP3 player.
The top model, the Epica LT, has additional features that include automatic air-conditioning and cruise control. The already comprehensive selection of equipment can be extended even further with other comfort and safety options that include the 8x adjustable driver's seat, full leather upholstery, traction control and a parking aid at the rear.
Engine: Transversally installed smooth-running power plants plus new automatic transmission
Initially, the front-wheel drive Epica will be powered by one of two six-cylinder gasoline engines with displacements of 2.0 and 2.5 litres. The transversally mounted in-line engines run outstandingly smoothly. It is all down to the construction: The crankshaft drive has perfect mass balance, which means that - unlike in a V-arrangement - neither free forces of inertia nor moments of inertia send annoying vibrations to the drive train.
Just as impressive as the smoothness of the 142 hp and 157 hp six-cylinder engines is their acceleration. They take the Epica from 0 to 100 km/h in 11.8 and 10.1 sec respectively*. The 2.0-litre engine is delivered as standard with a five-speed manual transmission, while the top model comes complete with a new five-speed automatic transmission that is also available as an option for the smaller engine. The MVEG combined fuel consumption for the 2.0-litre six-cylinder version is 9.0 l per 100 km, with automatic transmission 9.5 l.
In early 2007, Chevrolet will add the option of a 2.0-litre four-cylinder common-rail turbo diesel to its list of engines. This power plant has been developed jointly by GM Daewoo and GM Powertrain. It generates 150 hp and develops its maximum torque of 310 Nm at 2,000 rpm. A particle filter will also be available.
Technorati Tags: Chevrolet, Epica, Press+Release, autos, auto+news, Geneva+Show
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Chevrolet Epica 2007

After the Korean preview of GM’s global mid sized sedan (Daewoo Tosca), Chevrolet Europe unveiled its version of the car which in terms of design, differs from the Tosca only in the front mask. Other minor changes include a revised setup of the suspension. As I noted in January, the US will probably get this car in the form of the 2007 Suzuki Verona

New Chevrolet Epica, World Premiere at the Geneva Motor Show:The new Chevrolet Epica is the company’s first mid-size model to be launched in Europe with two refined, transversally mounted in-line six cylinder engines. It will celebrate its world premiere at the Geneva motor show (March 2-12, 2006) and will be launched on the European market from June 2006. Epica will offer a comprehensive range of comfort and safety equipment as standard and exceptional value for money.

Dimensionally (length/width/height: 4,805/1,810/1,450 mm), this front-wheel drive mid-size saloon has grown significantly compared to its predecessor, the Evanda. It has a wheelbase of 2,700 mm. The most striking design features of the four-door Epica are its rising, wedge-shaped side contours with a character line that runs on the upper half of the door, the grab-type door handles, the chrome grille with a substantial cross strut carrying the bold Chevrolet bow-tie emblem, large wrap-around headlamps and equally striking rear lamps. Standard safety features of the new Epica are ABS, driver and passenger airbags, and side and head airbags.

Buyers will initially have a choice of two engine types: Extremely smooth straight-six gasoline units with a capacity of either 2.0 or 2.5 litres (142 and 155 hp) will be available at launch with a version of Chevrolet’s all-new family of common rail turbo diesel engines coming later. The six cylinder gasoline engine is probably the shortest six cylinder available in the world. This enables the whole power unit to be neatly packaged in a lightweight transverse configuration. Both engine types are available with a five-speed manual or a sophisticated new five-speed electronically controlled automatic transmission.
Technorati Tags: Chevrolet, Epica, Geneva, Motor, Show,
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Chevrolet Epica - Suzuki Verona - Daewoo Tosca 2007

The Daewoo Tosca was officially presented in Korea and I updated the photo album with new pictures. The Koreanj mid size sedan will be sold in Europe as Chevrolet Epica while it is also rumored that it will come to the US a 2007 Suzuki Verona. Although Korean is definitely not one of my strong points, with the help of web-translators I managed to come up with the engine specifications. There are two inline 6cylinder engines available:
2.0 liter with 144 hp / 6.300 rpm & 19,2 kgm torque / 4.600 rpm
2.5 liter with 157 hp / 5.800 rpm & 24,0 kgm torque / 4.000 rpm
The European edition will be previewed in the Geneva Motor Show
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