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Old 02-02-2007, 02:08 PM   #1 (permalink)
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Default GM Daewoo Sales Surge, Up 33%

GM Daewoo sales rise 33% in January; new models do well - Digg it
Feb 2, 2007



SEOUL (MarketWatch) -- GM Daewoo Auto & Technology Co., the South Korean unit of General Motors Corp. (GM), said Thursday its auto sales in January surged 33% on year on the back of robust sales of its new models Tosca and Winstorm.

The automaker sold a total of 81,377 vehicles at home and overseas in January, up from 61,233 units a year earlier.

Local sales soared 51% to 11,328 units from 7,504 units a year ago, while exports increased 30% to 70,049 units from 53,729 units.

Domestically, it sold 2,265 units of mid-size sedan Tosca in January, while sales of its Winstorm recreational vehicle totaled 2,597 units last month. The company introduced Tosca in January last year and Winstorm in July.

Source: South Korea's GM Daewoo sales rise 33% in January; new models do well - MarketWatch

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