S.Korea's GM Daewoo June sales down 59.4 pct

Hurricane · 07-01-2009, 08:42 AM

Quote:

S.Korea's GM Daewoo June sales down 59.4 pct
Wed Jul 1, 2009 12:31am EDT

July 1 (Reuters) - GM Daewoo Automotive and Technology Co's
sales during June (in vehicles):

June 2009 June 2008
TOTAL SALES 38,243 94,189
OVERSEAS SALES 27,009 80,557
DOMESTIC SALES 11,234 13,632

GM Daewoo is South Korea's third-largest auto maker.
General Motors Corp and partners took a majority stake in
some of the assets of failed Daewoo Motor in 2002, creating GM
Daewoo.

Full text here: http://www.reuters.com/article/marke...0090701?rpc=44

K-1 · 07-01-2009, 08:53 AM

Ouch. Exports got trashed. Is GMDAT feeling any effects from the Ssangyong strike? Now that's a union that knows how to bargain.

ZvetteGuy · 07-01-2009, 10:28 AM

China is a bright spot for GM... I hope the rest of GM can follow their success...

dindak · 07-01-2009, 10:45 AM

They cut production on Pontiac G3s... that's what killed them.

Millefune · 07-01-2009, 12:02 PM

Well, they have Sparks coming out, and whatever replaces the current generation Aveo.

Rocket 88 · 07-01-2009, 03:02 PM

The Domestic Sales weren't down that much, but the Overseas sales were awful.

Maybe GM Daewoo should offer one of those $ 1.49/gal gas card Hyundai Promos.....
Kidding.

FloridaKid730 · 07-01-2009, 04:03 PM

Don't forget that Suzuki quit selling the Forenza, Reno, and Verona. The Forenza sold quite a few, never really saw the other two as much. Ever since they quit making them, i rarely see a new Suzuki. In fact, the Forenza was the ONLY Suzuki i saw daily. I saw very few Grand Vitaras, Aerios, and SX4s.

steve333 · 07-02-2009, 01:16 AM

Maybe if they didn't produce absolute garbage sales wouldn't have dropped.

07-01-2009, 08:53 AM	#2 (permalink)
K-1 4.4 Liter Supercharged Northstar Join Date: Oct 2005 Location: Ann Arbor, Michigan Drives: 2008 Saturn ASTRA 5dr XR 2009 Saturn AURA XE Posts: 2,580	Re: S.Korea's GM Daewoo June sales down 59.4 pct Ouch. Exports got trashed. Is GMDAT feeling any effects from the Ssangyong strike? Now that's a union that knows how to bargain. __________________ 2008 Saturn ASTRA 5-door XR - Sandstone - Me 2009 Saturn AURA XE - Quicksilver - Wife 2009 Maclaren Quest Sport Stroller - Black/Champagne - Son 2008 Radio Flyer Sport Trike - Classic Red - Son 2008 Fisher-Price Power Wheels Lil' Kawasaki ATV - Green/Yellow - Son

07-01-2009, 10:28 AM	#3 (permalink)
ZvetteGuy 3.0 Liter SIDI V6 Join Date: Oct 2005 Location: Arizona Drives: 1987 Chevrolet R10 pickup, 1999 Pontiac Grand Prix Posts: 734	Re: S.Korea's GM Daewoo June sales down 59.4 pct China is a bright spot for GM... I hope the rest of GM can follow their success... __________________ Awww... life is so grand... my truck in the garage and the Ponti look'n good... all I need now is a Corvette or a girlfriend.... hmmmm... a Corvette may be cheaper

07-01-2009, 10:45 AM	#4 (permalink)
dindak 6.2 Liter LS3 V8 Join Date: Jan 2004 Location: Toronto area Drives: 2008 Chevrolet Malibu LT2 V6 / 2008 Montana SV6 Posts: 3,260	Re: S.Korea's GM Daewoo June sales down 59.4 pct They cut production on Pontiac G3s... that's what killed them.

07-01-2009, 12:02 PM	#5 (permalink)
Millefune 3.6 Liter SIDI V6 Join Date: Jul 2008 Location: Vacaville, CA Drives: 2006 GTO, 1997 SC2 Posts: 1,182	Re: S.Korea's GM Daewoo June sales down 59.4 pct Well, they have Sparks coming out, and whatever replaces the current generation Aveo. __________________ "People meet, and people part. This meeting may truly be as insignificant as a ripple in the ocean, but that's alright. I'm going to enjoy it as much as I can, while it lasts." - Shido Jennifer: http://www.cardomain.com/ride/2913762

07-01-2009, 03:02 PM	#6 (permalink)
Rocket 88 5.3 Liter Vortec V8 Join Date: Sep 2007 Drives: '06 Saturn Vue '89 Olds Cutlass Ciera Posts: 1,316	Re: S.Korea's GM Daewoo June sales down 59.4 pct The Domestic Sales weren't down that much, but the Overseas sales were awful. Maybe GM Daewoo should offer one of those $ 1.49/gal gas card Hyundai Promos..... Kidding. __________________

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07-01-2009, 04:03 PM	#7 (permalink)
FloridaKid730 2.5L Iron Duke Join Date: Aug 2006 Location: Palm Beach Gardens, Florida Drives: 06 Nissan Altima 2.5 S Posts: 18	Re: S.Korea's GM Daewoo June sales down 59.4 pct Don't forget that Suzuki quit selling the Forenza, Reno, and Verona. The Forenza sold quite a few, never really saw the other two as much. Ever since they quit making them, i rarely see a new Suzuki. In fact, the Forenza was the ONLY Suzuki i saw daily. I saw very few Grand Vitaras, Aerios, and SX4s.

07-02-2009, 01:16 AM	#8 (permalink)
steve333 6.0 Liter L76 V8 Join Date: Aug 2005 Posts: 2,041	Re: S.Korea's GM Daewoo June sales down 59.4 pct Maybe if they didn't produce absolute garbage sales wouldn't have dropped. __________________ http://www.fairus.org http://www.usenglish.org

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