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GM Daewoo to make Chevrolets for Europe

September 2004

By Dean Slavnich

GM powerbrokers have continued with their plan to support Chevrolet as their global entry level brand after the American car giant disclosed a detailed strategy focusing on the future growth of Chevy in Europe.

Starting from early next year, Chevrolet will introduce a new range of small, compact and midsize vehicles into most mainstream European markets.

The S3X show car, which made its public debut at Paris, is further proof that GM sees Chevrolet as its global brand
Chevvy S3X

The product roll-out from the American brand will initially be developed for Europe by the GM Daewoo Auto & Technology company (GM DAT) in South Korea. However, it is hoped that additional models bearing the Chevy badge will be introduced from other GM facilities around the world.

The plan is another clear indication that GM sees Chevrolet as its global brand for both developed and developing markets.

Chevrolet cars built by GM DAT are already sold around the world in several markets including Central and East Europe, North and South America and across Asia and Africa.

GM execs have been quietly surprised by the success of Chevrolet around the globe. Jonathon Browning, GM Europe’s vice president of marketing, said: “Chevrolet has a global presence in more than 70 countries with sales last year of over 3.6 million vehicles.

“The new range of Chevrolet cars will provide the affordable entry brand in GM’s new European product strategy as we move forward with Opel/Vauxhall supported by Saab, Corvette and Cadillac.”

The news from GM comes only a month after frenzied speculation centring on the future of Daewoo in Europe, with sources inside GM saying that Chevrolet was being “primed” to replace the South Korean carmaker in Europe.