" The new mini car platforms (those equipped with 1-liter or smaller engines) developed here in Korea are manufactured and sold in many mature markets and emerging ", says Michael Grimaldi, the new president and CEO of GM Daewoo Auto Technology &. Grimaldi held their first press conference in Bupyeong plant in Seoul, Korea. He is the successor to Nick Reilly. The latter was promoted to head the operation of General Motors in Asia-Pacific.
However, Grimaldi not disclose any details about the budget and manpower required for the fulfilment of the mini car development centre. On the other hand, said that the next generation of vehicles will arrive in markets across the Asia-Pacific region and in Europe in three to five years.
" Small and mini-vehicles continue to play an important role because escalating rates of fuel. Businesses of the future mini cars can help boost the U.S. Manufacturer global market share beyond 10 percent, it is now 5 percent ", added the president of the American nationality company.
Based on the report of the automaker, GM vehicles including mini Tint Agila and have a total of 4 million units sold worldwide. With the new platform architecture of the automaker, GM is expected that parties will be further strengthened to enhance the performance and style of their vehicles.
Grimaldi also expressed the aim of GM Daewoo overtake Kia Motors. The latter is currently holding the top 2 spot in the Korean automotive market. Grimaldi said, " If you ask me satisfied with the results of GM Daewoo has created so far, I would say yes. But if you ask me if the contents, my answer would be an equally strong " not.
As an initial step to the goal Prosper, GM Daewoo will be the release of new entries that include medium and large luxury vehicles. In addition, the automaker also hopes to reach 1.5 million sales target for this year. Next year, it will be with the goal of obtaining 1.8 million sales. awilda zena
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