General Motors’ South Korean unit, Daewoo, has extended production cuts at its Bupyeong, South Korea, plant, located near Seoul. The plant will be shut down from December 1 through January 4, three weeks longer than the automaker had previously intended, in response to rapidly diminishing global demand for new cars.
The Bupyong plant produces the Chevrolet Aveo and the new Pontiac G3 for the North American market, among other similar vehicles sold across the world. Annual production at that facility was nearly 500,000 cars last year. Though demand for small, fuel efficient cars is predicted to remain fairly strong, GM’s financial turmoil dictated the need to shut down production for a period.
Previously, GM had said it would shut down the plant from December 22 through January 4.
11/25, 1:59 PM
posted by:
swamp donkey
That front end looks very familiar… ah yes Audi has it. No wonder GM is in the slump; they can’t come up with anything original. I won’t be too disappointed when they are gone.
11/25, 2:21 PM
posted by:
johnnycanuck
Again, someone please explain to me why we still have to wait 2 years for the Cruze when the Lacetti is already in production and now there’s obviously going to be a boat or two all tied up with no where to go.
11/25, 2:39 PM
posted by:
Borat
Lacetti can not pass inspection in California. It takes 2 years to get exemption.
11/25, 2:44 PM
posted by:
beemerdude
johnnycanuck: borat beat me to it. he’s right… safety and air pollution cerfifications are what makes the process take awhile in the U.S.