Jump to content
Forums Gone... but not forgotten!

Tired of these Ads? Register Today!

Pontiac of the Month

gscherer78ta's 1978 Trans Am

2019 February
of the Month

  • Welcome to Forever Pontiac

    We are a community of Pontiac enthusiasts. The purpose of our community is to keep alive the Pontiac spirit by sharing (or showing off) our cars, discussing Pontiac, helping each other work on our cars and find information, plus attend various meets/shows/etc... To aid discussion, sharing, event planning and selling of parts/cars/anything, we have various parts of the website to aid this from Forums to an online Garage to Classifieds to even a Document Download Repository. You can find links to these in our navigation above based on what each section helps with (discussion, local events, learning, etc...).

    We invite you to contribute, find help or just view some of our member's amazing cars! Don't forget, we also have great contests from time to time (like our Pontiac of the Month and yearly calendar contest) and our Pontiac This OR That, a fun game where you choose the best of two randomly selected Pontiacs from our online garage.

    We look forward to seeing you around!

Sign in to follow this  
Frosty

GM Puts Korea On Notice

Recommended Posts

Interesting article. Now that GM has exited Europe, Russia, South Africa and India, it would appear that South Korean operations, GM Daewoo, need to shape up or else. Should GM exit South Korea, that means the GM will only be operating in North America, South America, and China. South American operations are still crippled thanks largely to Venezuela seizing the plants there and economic downturns in Brazil and Argentina. 

 

https://www.bloomberg.com/news/articles/2018-02-06/gm-puts-korea-on-notice-after-exiting-russia-europe-and-india

Share this post


Link to post
Share on other sites

Tired of these Ads? Register Today!

Don't forget they exited Australia too. It's a good idea to scale back if it's not working. 

Share this post


Link to post
Share on other sites

I did not forget about Australia. If GM Korea folds, then China and Thailand (Rayong) will be the only Asian factories left.

Obviously Mary Barra is willing to sell or cut brands that aren't performing profitably. Something many of her predecessors weren't willing to do, feeling GM (as a global company) needed to have a presence in every market, even it was at a long-term loss. Daewoo, as a brand, could be the next casualty. Opel and Vauhall are gone. Holden, as brand, still exists even though the vehicles are made elsewhere now.

Edited by Frosty

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

Tired of these Ads? Purchase Enhanced Membership today to remove them!
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.