SEOUL, Nov. 19 (Korea Bizwire) – The fortunes of South Korea’s three mid-sized automakers—GM Korea, KG Mobility, and Renault Korea—continue to hinge on the success of individual vehicle launches, with the pattern showing no signs of abating in 2024. The trend began with KG Mobility (formerly SsangYong Motor) riding high on its Torres SUV in 2022, [...]
SEOUL, March 25 (Korea Bizwire) — The Trax Crossover by General Motors Co. (GM) has received more than 6,000 preorders in South Korea after its debut earlier this week, industry sources said Saturday. The preorders that began Wednesday here are expected to top 10,000 early next week, they said. GM plans to fully operate its [...]
SEOUL, March 22 (Korea Bizwire) — General Motors Co. (GM) on Wednesday began to sell the Trax Crossover in South Korea following its launch in the U.S. market late last year. GM plans to fully operate its Korean plant in Changwon, about 300 kilometers south of Seoul, until the second quarter to meet rising global [...]
SEOUL, Feb. 26 (Korea Bizwire) — General Motors Co. said Sunday it has started the production of the Trax Crossover at its South Korean plant ahead of its local launch in the first quarter. GM plans to ramp up the strategic model’s production to meet the rising demand for the new vehicle in the United [...]