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General Motors to kill Daewoo name in South Korea, switch to Chevrolet

General 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.

CAR scoop: GM's $13 billion gamble (2013)

By Ben Whitworth Motor Industry 30 September 2013 09:45 GM Europe has racked up enormous losses every year since 1999; in 2012 it bled $1.8 billion while GM North America earned $6.9 billion before tax. Yet the Detroit mothership continues to pump billions into its European division, like a deluded gambler convinced his luck will change. Max Warburton, automotive analyst at Wall Street researcher, Sanford C.

New Kia Carens gets new range-topper – the Carens 3 Sat Nav

New Kia Carens gets new range-topper – the Carens 3 Sat Nav But it seems Kia’s customers are shouting out for something that offers more standard equipment than the regular, not very inventive, trim levels of 1, 2 and 3, so Kia has decided to add a fourth option – the Kia Carens 3 Sat Nav to the range. The Carens 3 already comes with a decent enough spec – including panoramic roof, 17″ alloys, leather, heated seats, second row sun blinds and colour reversing camera – but the 3 Sat Nav adds a 7″ touchscreen SatNav and new audio system with 8-channel amp and sub woofer offering a better sound experience for all occupants. The Carens 3 Sat Nav is only available with Kia’s 134bhp 1.7 litre CRDI with 6-speed manual ‘box and costs from £24,845.