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 Europ...