Video: Daewoo Driver is Too Fast, Too Furious…Too Dumb

You've met them before – drivers that think that they're better than the rest of us and can do as they wish on the road. But sometimes, they get what's coming to them.

The driver of this silver Daewoo Matiz wanted to bypass everyone on the left turning lane by sprinting across the center and squeezing his/her way in front of the other cars.

But in the driver's fury, he (or she) failed to notice the closed triangle in the middle of the road and as a result, got caught inside. Watch the short clip in the vide below.

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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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GM to Drop Daewoo Name and Replace it with Chevrolet in South Korea

What started a few years back with the re-branding of Daewoo's portfolio to Chevrolets in select markets including Europe, is now being rolled out globally with the replacement of the nameplate in South Korea. From now on, all of the company’s new product introductions will be under the Chevrolet badge, while GM Daewoo Auto & Technology will change its company name to GM Korea Co. The Detroit automaker said the name change is expected to be completed by the end of the first quarter this year. Read more »

Detroit Motor Show: GM to Launch Opel in Australia Next Year

Last September, we reported that Nick Reilly, Chairman of Opel, hinted at the launch of the German brand in Australia. GM's European division made it official today at, announcing that Opel is set to enter the Australian market in 2012.

Nick Reilly, said at the Detroit Auto Show: “This launch is an important part of our international expansion strategy. With its growing demand for German design and technology, the Australian car market is an excellent opportunity for Opel. Australian drivers have a strong affinity with Opel vehicles.”

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Buick's LaCrosse gets a Daewoo Badge, Heads to Korea

GM just announced that it will be bringing the Chevrolet brand to Korea, and now it looks like the General will be bringing Buick over as well in the form of a re-badged LaCrosse.

The Daewoo Alpheon, a LaCrosse in everything but name, recently debuted at at the Busan Motor Show. Powered by GM's 3.0 liter V6 and hooked up to a six-speed automatic transmission, the Alpheon is meant to be "a stand-alone luxury product brand in GM Daewoo's product portfolio".

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GM to Launch Chevrolet Brand in Korea Next Year

After years of importing cars to the U.S. from its Daewoo unit, General Motors is getting ready to turn the tables around as the Detroit automaker will soon start exporting vehicles to South Korea (albeit, at a much slower pace..).

At a press conference today held in conjunction with the opening of the Busan International Motor Show, GM Daewoo Auto & Technology President and CEO Mike Arcamone announced that the firm will introduce its Chevrolet brand into South Korea in 2011.

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GM Opens Advance Design Studio in Seoul, South Korea

General Motors said Tuesday that it has relocated its South Korean advanced design function from the GM Daewoo Design Center's headquarters in Bupyeong, Incheon to southern Seoul, in order to "enhance its function and specialty".

Located in the city's more affluent Gangnam district, which is considered by many the nation's center of culture, the arts, fashion and industry, the new Advanced Design Studio will be home to some thirty designers and other employees.

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2009 Daewoo Lacetti -aka Chevy Cruze- Goes on Sale in Korea: 42 High-Res Photos

Remember the Chevy Cruze that was launched at the Paris Show in early October? Well, a rebadged version of the compact sedan has just gone on sale in Korea under the Daewoo brand as the Lacetti. And yes, just like you, we are also completely dazzled by the fact that a product of an American company can go immediately for sale in a less significant market like Korea but it will take -for whatever reasons - another two or maybe even three years as some speculated recently, for the same vehicle to come to the States. Until then, American consumers can either go for the Cobalt or other proposals (mostly) from foreign automakers. -Continued

Maybe we're missing something here, but it doesn't quite make sense how a car that Chevy and GM needed two years ago in the States will take another two years to arrive but it's already on sale somewhere else...

But anyway, back to the Lacetti, the new compact sedan will be offered in Korea with a 1.6-liter engine that produces 114HP and is available with a standard five-speed manual gearbox and optionally with a six-speed automatic transmission. Prices in Korea will start from 11.5 million won or about $9,200 at current exchange rates.

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