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국제>Global Metro

Korea GM plays a pivotal role in the domestic industry, securing jobs through export expansion and enhancing customer experience through an expanded lineup.

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Héctor Villarreal, CEO of Korea GM, visited the Bupyeong plant on August 23, 2023, to inspect the production site and review the quality control status to ensure the achievement of initial zero-defect manufacturing quality. / Korea GM

Korea GM is focusing all efforts on capturing both domestic and export markets with its strategic models. The company is particularly concentrating on the export of vehicles developed and produced in Korea while also importing competitive models from General Motors (GM) headquarters for domestic sales, implementing a "two-track" strategy.

 

According to industry sources on the 13th, Korea GM exported 418,782 units to the U.S. last year, solidifying its position as a major contributor to Korea's export industry. This figure represents 83.8% of its total production volume (499,559 units). The key export models are the Chevrolet Trailblazer and the Trax crossover. The Trax crossover, developed by GM Technical Center Korea in Korea, played a crucial role in turning Korea GM from a deficit to profitability.

 

The Trailblazer, which was launched in Korea in January 2020, recorded about 18,000 units in exports in October 2022, making it the top-selling domestic car for exports. The Trax crossover, a small SUV that Korea GM began producing at its Changwon plant in February 2023, has maintained steady popularity in the North American market and became the top export model for the domestic car industry last year, with over 295,000 units exported.

 

Through the expanded exports of its key models, Korea GM is making a significant contribution to the development of both the Korean economy and the automotive industry. Korea GM plans to further increase its production to 500,000 units this year, focusing on strategic models.

 

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The Chevrolet Trailblazer from Korea GM is waiting for shipment for export to the United States.

In the domestic market, Korea GM is expanding its product lineup under GM's brands, offering consumers a wider range of choices. Korea GM has secured a unique lineup with models such as the Chevrolet Colorado pickup truck, the GMC Sierra full-size pickup, and full-size SUVs like the Chevrolet Tahoe and Cadillac Escalade. This year, the company plans to focus on expanding its lineup with the launch of various new models from its premium brand, Cadillac. New electric vehicle models and GM's strong RV models are expected to be the focus.

 

Additionally, Korea GM is preparing to introduce the OnStar service in Korea. OnStar provides a new digital experience by offering remote vehicle control through a smartphone app, as well as vehicle status information, diagnostics, and more.

 

In addition, Korea GM is preparing to introduce autonomous driving technology. At the "Cadillac EV Day" event held in Gangnam, Seoul, in November, it was announced that the domestic introduction of GM's autonomous driving technology, Super Cruise, is progressing smoothly.

 

Chae Myung-shin, Head of Digital Business at Korea GM, stated, "We are preparing solutions that will meet the expectations of domestic customers, including the development of high-precision maps, navigation systems for this purpose, and addressing regulatory aspects, to launch Super Cruise in Korea."

 

While Korea GM is focusing on both the domestic and export markets, rumors of a potential withdrawal continue to circulate. After receiving 8.1 trillion won in support from the Korea Development Bank in 2018, the company promised to continue its operations in Korea and produce two new car models through 2028. While Korea GM has kept its promises by producing the Chevrolet Trailblazer and the Trax crossover, it has not disclosed a clear future vision regarding additional investments.

 

In response to these concerns, Korea GM emphasizes its commitment to securing stable jobs, enhancing future competitiveness, and focusing on ESG (Environmental, Social, and Governance) management. A Korea GM representative stated, "We are driving sustainable growth through enhanced production efficiency, a multi-brand strategy, and customer-centric management," adding, "We are also continuously investing in the latest facilities, such as converting R&D corporate interns into full-time employees and opening a new service center in Seoul in July last year."

 

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