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General Motors to kill Daewoo name in South Korea, switch to Chevrolet
Thu, 20 Jan 2011General Motors Co., trying to position Chevrolet as a key global brand, is killing the long-used GM Daewoo name in South Korea and putting the Chevy bowtie on its cars there. The name GM Daewoo Auto & Technology Co., in use since GM took over the struggling South Korean automaker in 2002, will be phased out by the end of March. The new name will be GM Korea Co., the company said in a statement.
Lada 'ready to sell in Western Europe by 2013'
Tue, 27 Apr 2010Lada is set to relaunch in western Europe - including the UK - by 2012-2013 to counter the threat of Chinese car makers, senior sources admitted last night. Renault's global marketing senior vice president, Stephen Norman, told CAR that Renault-Nissan's stake in Russian firm AvtoVaz would help bring about the return of Lada to Britain. 'The UK is one of the few markets where Lada was a success,' said Norman.
Senate committee sends auto-safety bill to the floor for vote
Thu, 10 Jun 2010The Senate Commerce Committee voted today to pass a far-reaching vehicle safety bill that has largely won both automaker and consumer support, sending the measure to the full Senate. The bill passed without objections from any senators. The legislation, crafted in the wake of Toyota's safety recalls this year, resembles a House bill that also is now on the floor of that chamber.