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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GM Preparing Demo Fleet of 202HP Cruze EVs for South Korea

South Korea is really getting serious about electric vehicles. Following the news last week of a Kia CUV EV to join Hyundai's BlueOn i10, GM has announced it will build a demonstration fleet of battery-powered Chevrolet Cruze sedans from the end of October.

The cars will be deployed in Seoul, with GM planning on testing them in other, unspecified urban markets at a later date. The idea is to test the market needs and consumer acceptance of battery electric vehicles and to gather data on real-world driving patterns and charging behavior.

The demonstration vehicles will be badged both as Daewoos (as the Lacetti Premiere) and Chevrolets (as the Cruze), despite the fact the latter is not sold in South Korea.

The project is a joint venture between GM Daewoo, LG Chem (who make the batteries) and LG Electronics (who make the motor and invertors). GM and LG Chem have been working together since 2008 with this being their second project together after the Chevrolet Volt.

The Cruze EV features an underbody-mounted 31-kwh battery and an electric motor producing 150 kw (equal to 202-horsepower). Tthe demonstration vehicles can sprint from 0 to 100 km/h (62mph) in 8.2 seconds and reach a maximum speed of 165 km/h (102.5 mph). Tests by LG Chemical estimate that the driving range could be up to 160 km, with a recharge time of 8 to 10 hours on a standard 220 volt outlet.

GM has yet to reveal how many cars will be built or who exactly will be testing them, though these details will probably come with the launch October.

By Tristan Hankins

Geneva Preshow: 2012 Kia Rio Revealed in Detail, gets 1.2-liter Turbo Gasoline Engine

Kia's product assault continues with the presentation of the all-new Rio subcompact, which will receive its world premiere together with the new Picanto at the forthcoming Geneva Motor Show in the beginning of March.

The latest car to be revealed by Kia boasts a far slicker exterior design than the current Rio bringing it in line with the rest of South Korean company's passenger model range. There are no photos of the interior, but Kia says its newcomer "will deliver a high level of quality previously associated with larger models" along with a wider selection of trim options.

The Korean firm's Ford Fiesta-sized vehicle features a wheelbase extended by 70 mm (to 2,570 mm) compared to the outgoing Rio thus promising to offer improved passenger space together with an increased cargo capacity to 292 liters for the hatchback body style. Exterior dimensions changes include: +55 mm (overall length), -15 mm (height) and +25 mm (overall width).

In Europe, the firm's B-Segment contender will be offered with a comprehensive range of petrol and diesel engines including a 1.1-liter diesel unit delivering 70-horsepower and CO2 emissions from as low as 85 g/km.

But the big surprise is the announcement of an all-new 1.2-liter Turbo Gasoline Direct Injection (GDI) that will be available from 2012, and which will offer the Koreans a significant advantage over its Japanese rivals.

Soon-Nam Lee, Director of Overseas Marketing for Kia, commented: “This new model is a big step forward. The Rio has always been successful, and with this new incarnation we have a car that people will want to buy for its looks.”

The new Rio will go on sale in Europe as a 5-door model this fall, with a 3-door to be introduced into the range in early 2012. Pricing and full range details will be announced nearer the on-sale date.

GM to Drop Daewoo Name and Replace it with Chevrolet in South Korea

What started a few years back with the re-branding of Daewoo's portfolio to Chevrolets in select markets including Europe, is now being rolled out globally with the replacement of the nameplate in South Korea. From now on, all of the company’s new product introductions will be under the Chevrolet badge, while GM Daewoo Auto & Technology will change its company name to GM Korea Co. The Detroit automaker said the name change is expected to be completed by the end of the first quarter this year.

"This important new brand strategy is designed to strengthen our commitment to the Korean market, recognizing it as one of the strongest-performing countries within GM’s global operations," said Mike Arcamone, President and CEO of GM Daewoo. “We cannot afford to sit still, and instead, choose to make a bold move with the launch of Chevrolet in Korea."

GM noted that three Daewoo models including the Alpheon (a re-badged Buick LaCrosse) sedan and the Labo and Damas mini cars, will not carry the Chevrolet nameplate and will be marketed under independent brands.

Outside the U.S., Chevrolet is planning an aggressive vehicle launch plan this year with the introduction of eight new models including the Camaro, Orlando MPV, Aveo sub-compact, plus an unnamed new SUV model and a new premium midsize sedan.

The Detroit automaker said that GM Daewoo has "played a lead role" in the design, engineering and manufacturing of the Chevrolet Cruze global compact sedan, the new Chevrolet Spark global mini-car, and the new Chevrolet Aveo global small car, adding that currently one out of every four Chevrolet vehicles is manufactured in Korea.

“Chevrolet has enjoyed success in mature markets in North America and Europe, as well as in emerging markets in Asia Pacific, CIS countries, and Latin America,” said Arcamone. “We are confident our customers in Korea will embrace Chevrolet as well.”

Hyundai Sells 3.6 Million Vehicles in 2010, up 16.3% from 2009, Net Profits Soar 78%

Hyundai continues its juggernaut-like growth breaking one record after the other. In 2010, the South Korean carmaker not only replaced Toyota as Europe’s best-selling Asian brand and passed the 500,000 sales mark in the US for the first time since entering the market in 1986, but the company also posted record sales and impressive profits.

Not including affiliate Kia Motor's results, Hyundai alone recorded global sales of 3,612,487 units (domestic plants: 1,730,682, overseas plants: 1,881,805) in 2010, which represents a 16.3 percent increase from a year earlier.

Sales revenue rose 15.4 percent to 36.8 trillion won (US$ 33 billion) from a year earlier thanks to the introduction of new cars and an improved product mix, while operating profit also soared 44.4% to 3.2 trillion won (US$2.8 billion). Net profit increased 77.8 percent to 5.3 trillion won (US$4.8 billion).

South Korea's largest automaker has set even higher goals for 2011, stating that it plans to "reinforce its internal competitiveness" and achieve a global sales target of 3.9 million units.

2011 Hyundai Sonata Spied by Reader in South Korea

A prototype model of Hyundai's forthcoming 2011 Sonata sedan in plastic wraps has been spied parked on the road somewhere in South Korea by a member of the 'Hyundai-Blog' site. The new mid-size sedan that will be called 'i40' in Europe and other international markets, could be revealed in production form as early as this November at the 2009 Los Angeles Auto Show and go on sale sometime during the first half of 2010.

While Hyundai's people have done a pretty good job with the camouflage, some details like the more raked roofline suggest that the new Sonata will be much more adventurous in its design than the current car.

Built on a newly developed platform, the next-generation Sonata is said to be slightly larger than the outgoing model resulting to improved space for passengers and their luggage.

A four-cylinder and a V6 gasoline engine is sure to be in the mix while in Europe and other markets consumers will also be able to opt between the Korean firm's new 2.0-liter and 2.2-liter turbo diesels delivering an output of 185HP and 200HP respectively.

Via: Hyundai Blog

New Photos of 2010 Hyundai Santa Fe Facelift

We've yet to see an official announcement on the European or American market versions of the 2010 Santa Fe facelift, but Hyundai has released a digital pamphlet for the domestic market model that provides us with new photos of the SUV. The brochure reveals that aside from the subtle cosmetic changes up front that include a redesigned bumper and grille, the 2010MY Santa Fe also features a new treatment for the tail lights and the rear bumper. And yes, we sincerely doubt that anyone will notice the changes.

The Korean automaker says that the Santa Fe's refreshed interior benefits from higher grade materials along with a redesigned center console, new upholstery for the seats, updated trim and new equipment features.

As we said in our previous post, the most noteworthy update for the 2010MY Santa Fe concerns the presentation of a new pair of diesel powertrains, a 2.0-liter and 2.2-liter four-pots with outputs of 184HP and 200HP respectively, that are hooked to a new 6-speed automatic transmission.

Via: Es.Autoblog.com

Kia Sketches New Picanto City Car Ahead of Geneva Show Debut

We've known for a while now that Kia is preparing a successor to its Picanto city car, but today, the South Korean automaker came out with a pair of official renderings and a short announcement which said the small hatchback will get its world premiere at the Geneva International Motor Show in March 2011 and go on sale in Europe in late Spring.

Kia added that the Picanto has been penned by the firm's European design team based in Frankfurt, Germany, under the direction of Chief Design Officer, Peter Schreyer, and that it will bring "confidence, solidity and maturity to the A-segment". No other details were released.

2010 Hyundai Santa Fe Facelift with New Turbo Diesel Engines Debuts in Korea

Today, Hyundai swiped the wraps off its mildly facelifted 2010 Santa Fe in South Korea ahead of the compact SUV's domestic market launch in July. The reworked 2010 model features some modest cosmetic changes along with the introduction of a new pair of turbo diesel engines. On the outside, changes seem to be reduced to a lightly altered front end with a redesigned bumper and grille, reshaped exterior mirrors with turning signals and new alloy wheel designs.

There's also talk about a newly designed rear bumper and tail lights along with an updated interior but we've yet to see the full image gallery or an official press release for that matter.

The South Korean news agencies also reported that the 2010 Santa Fe benefits from the introduction of the Hyundai - Kia group's newly developed 'R' diesel engine lineup that consists of two 4-cylinder units with a displacement of 2.0-liters and 2.2-liters and outputs of 184HP / 392Nm and 200HP /436Nm respectively. Both engines are linked to a new 6-speed automatic transmission.

The European version of the facelifted Santa Fe will most likely make its debut at the Frankfurt Motor Show in September with the North American variant following shortly after.

2010 Daewoo Matiz aka the New Chevy Spark Scooped in Korea

What we will get to know as the new Chevrolet Spark in North America and Europe will be sold in South Korea and perhaps other Asian markets as the Daewoo Matiz. Spotted by the crew over at Noticias Automotivas somewhere in Korea without any sort of camouflage whatsoever, the 2010MY Matiz is a carbon-copy of its Spark sibling minus the Chevy grille, side skirts and large alloy wheels which seem to make a big difference in the city car's appearance.

Same goes for the interior which is identical to the Spark, although the Korean market version of the car does get its own unique trim options.

The 2010 Daewoo Matiz will most likely be offered in Korea with a similar engine lineup to the European Chevy Spark that is powered by a choice of 1.0 and 1.2-litre gasoline engines developing 66 and 78HP respectively. European sales of the new Chevy Spark will start towards the end of the year while North American customers will have to wait until the end of 2010 - beginning of 2011.

Via: Noticias Automotivas