General Motors, the largest auto-maker in the world, saw a 3 percent increase in its global sales last year because of excellent sales growth in all parts of the world, except
GM Daewoo’s global sales have grown to more than 1.3 million, which were 310,000 in 2003. Moreover, revenue of GM Daewoo’s revenue has also been boost up with $15 billion last year compared to $4 billion in 2003.
Enquirer reported:
And the plan is for more growth as quickly as possible: to vehicle sales exceeding 2 million, revenue of $20 billion and $1 billion in annual profit, GM Daewoo President and Chief Executive Michael Grimaldi said.
“We are playing a very important role in GM’s global growth,” Grimaldi said.
GM-Daewoo cars have a strong presence in the emerging markets like
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