Auto Cars News: Daewoo

Detroit Motor Show: GM to Launch Opel in Australia Next Year

Last September, we reported that Nick Reilly, Chairman of Opel, hinted at the launch of the German brand in Australia. GM's European division made it official today at, announcing that Opel is set to enter the Australian market in 2012.

Nick Reilly, said at the Detroit Auto Show: “This launch is an important part of our international expansion strategy. With its growing demand for German design and technology, the Australian car market is an excellent opportunity for Opel. Australian drivers have a strong affinity with Opel vehicles.”

In a statement released to the press, Opel said the company’s offerings will include the Insignia, Astra and Corsa, with the full model line-up to be announced closer to the actual start of sales.

GM's Australian subsidiary, Holden, will most likely continue to offer its RWD Commodore and Caprice range with the rest of the lineup comprising of rebadged Chevrolet and Daewoo models such as the Barina Spark, Captiva and Cruze. The Opel brand will be positioned more upmarket targeting Volkswagen.

Following the previously announced launch of the brand in Chile and Israel, Australia becomes the third export brand for Opel, which is looking to strengthen its exports and increase sales. The German company said other markets that are under consideration include Argentina, the Middle East and an expansion in South-Africa and China.

Gallery: Opel's European Range

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GM's South Korean Plant First to Produce New Chevy Aveo

General Motor's South Korean Daewoo unit announced today that it will handle initial production of the new Chevrolet Aveo at its local Bupyeong plant in Incheon. The new Aveo will make its debut under the Daewoo brandname in the South Korean market in the first half of 2011 before a global rollout as a Chevrolet.

"GM Daewoo is proud to be the first member of the GM family to produce and sell GM's next-generation global small car," said GM Daewoo President and CEO Mike Arcamone. "With demand for small cars on the rise worldwide, this is great news not only for GM Daewoo and our suppliers, but for Korean consumers as well."

The Detroit automaker has previously stated the North American market Aveo will be built at its Orion Assembly in Orion Township, Mich., in 2011, a move that is said to restore around 1,200 jobs to Southeast Michigan.

The production version of the new Aveo hatchback was given its world premiere at the Paris Motor Show last week.

In European guise, Chevrolet will offer the Aveo with four petrol engines, including two 1.2-liter units delivering 70HP and 86HP, a 100HP 1.4-liter and a 115HP 1.6-liter powerplant, plus a 1.3-liter turbo diesel engine featuring Start/Stop technology that will be available with either 75HP or 90HP.

Chevrolet is also planning to introduce a four-door sedan version of the Aveo, which will most likely make its debut either in LA this November or in Detroit in early January 2011.

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