02-02-2007, 02:08 PM
Join Date: Oct 2004
Location: SE Texas
GM Daewoo Sales Surge, Up 33%
GM Daewoo sales rise 33% in January; new models do well
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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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