Contact Us

Home> China> News detail

General Daewoo factories will move to China and India

Jorvan From Gasgoo.com| March 13 , 2007

A few days ago, Lee Hyun, Sales Minister of Daewoo Motor headquarters revealed that prices, wages and other production costs are too high in South Korea. It exceeded 20% compared to that of China; GE Daewoo considers the relocation of factories in China and India.

Lee Hyun said: "The technology gap of auto assembling between the two nations is less than three years. So, it is feasible to consider the plan of relocate into China and India and then re-export to Korea in 2010."

General Motor Daewoo is steadily pushing forward the program to move Matiz production factories to China in 2010; in addition, it also plans to relocate medium-sized automobile production factories to China, India and other low-cost countries.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service: [email protected]   Seller Service: [email protected]

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: khoahocxaydung.info.




| | | |

Site: Khoahocxaydung| | | | |

Copyright Notice © 2017 Khoahocxaydung.info Corporation and its licensors. All rights reserved.