General Motors Vietnam Company, Ltd. (formerly Vietnam-Daewoo Motor Company Limited or VIDAMCO) was an automobile manufacturer based in Vietnam and a member of GM Southeast Asia Operations.
The company was officially established in December 1993 as a joint-venture between the Korean Daewoo and the 7983 Mechanic Union Enterprise that was owned by the Vietnamese Ministry of Defense.[1]
In April 2000, the company became a 100% foreign investment enterprise after Daewoo acquired the share of its Vietnamese partner. In July 2011, the name of the company was changed from VIDAMCO to GM Vietnam.[1]
On 28 June 2018, General Motors (GM.N) agreed to transfer its Vietnamese operation to VinFast Trading and Production LLC and distribute Chevrolet vehicles. The transfer, which includes GM's Hanoi plant, dealer network and employee base, was conducted by the end of 2018.[needs update]
GM used its Hanoi plant to assemble Chevrolets with parts imported from South Korea - a country where the U.S. automaker came close to bankruptcy as it struggled to turn around its debt-laden unit. GM Korea is GM's biggest production base in Asia excluding China. The plant will be used solely to produce VinFast cars after the transfer, while Chevrolet cars will be imported.
VinFast assumed ownership of the GM Hanoi factory, and implemented a significant investment program to build an all-new, global small car licensed from GM and manufactured and sold under the VinFast brand.[2][3] Production of this vehicle began in 2019, greatly increasing capacity and output at the Hanoi plant and growing the manufacturing base of the dynamic VinFast operation.
^ ab. GM Vietnam. Archived from the original on 18 April 2012. Retrieved 9 May 2012.
^GM to transfer Vietnam operation to Vingroup's car arm, eyes sales boost Mai Nguyen] on Reuters JUNE 28, 2018
^VINFAST AND GENERAL MOTORS SIGN LANDMARK STRATEGIC PARTNERSHIP AGREEMENT IN VIETNAM TO DRIVE FUTURE GROWTH 2018-11-11 at the Wayback Machine 2018-06-28
External linksedit
(Chevrolet.vn – archived, 23 Dec 2017)
This Vietnam-related article is a stub. You can help Wikipedia by expanding it.
vietnam, general, motors, vietnam, company, formerly, vietnam, daewoo, motor, company, limited, vidamco, automobile, manufacturer, based, vietnam, member, southeast, asia, operations, formerlyvietnam, daewoo, motor, company, 1993, 2011, typesubsidiaryindustrya. General Motors Vietnam Company Ltd formerly Vietnam Daewoo Motor Company Limited or VIDAMCO was an automobile manufacturer based in Vietnam and a member of GM Southeast Asia Operations GM Vietnam Co Ltd FormerlyVietnam Daewoo Motor Company 1993 2011 TypeSubsidiaryIndustryAutomotiveFounded1993Defunct2018 5 years ago 2018 FateSold and merged to VinFastSuccessorVinFastHeadquartersThanh Tri Hanoi VietnamArea servedVietnamProductsAutomobilesOwnerGeneral MotorsParentGM KoreaThe company was officially established in December 1993 as a joint venture between the Korean Daewoo and the 7983 Mechanic Union Enterprise that was owned by the Vietnamese Ministry of Defense 1 In April 2000 the company became a 100 foreign investment enterprise after Daewoo acquired the share of its Vietnamese partner In July 2011 the name of the company was changed from VIDAMCO to GM Vietnam 1 On 28 June 2018 General Motors GM N agreed to transfer its Vietnamese operation to VinFast Trading and Production LLC and distribute Chevrolet vehicles The transfer which includes GM s Hanoi plant dealer network and employee base was conducted by the end of 2018 needs update GM used its Hanoi plant to assemble Chevrolets with parts imported from South Korea a country where the U S automaker came close to bankruptcy as it struggled to turn around its debt laden unit GM Korea is GM s biggest production base in Asia excluding China The plant will be used solely to produce VinFast cars after the transfer while Chevrolet cars will be imported VinFast assumed ownership of the GM Hanoi factory and implemented a significant investment program to build an all new global small car licensed from GM and manufactured and sold under the VinFast brand 2 3 Production of this vehicle began in 2019 greatly increasing capacity and output at the Hanoi plant and growing the manufacturing base of the dynamic VinFast operation Contents 1 Production 1 1 Discontinued models 2 References 3 External linksProduction editDiscontinued models edit Daewoo Cielo 1995 2002 Daewoo Nubira 1998 2000 Daewoo Leganza 1998 2000 Daewoo Matiz 1998 2007 Daewoo Lanos 2000 2006 Daewoo Magnus 2002 2007 Chevrolet Vivant 2008 2011 Chevrolet Cruze 2010 2016 Chevrolet Captiva 2009 2018 Chevrolet Orlando 2011 2018 Chevrolet Aveo 2006 2018 Chevrolet Spark 2008 2018 Daewoo Damas 1990s 2018 References edit a b History GM Vietnam Archived from the original on 18 April 2012 Retrieved 9 May 2012 GM to transfer Vietnam operation to Vingroup s car arm eyes sales boost Mai Nguyen on Reuters JUNE 28 2018 VINFAST AND GENERAL MOTORS SIGN LANDMARK STRATEGIC PARTNERSHIP AGREEMENT IN VIETNAM TO DRIVE FUTURE GROWTH Archived 2018 11 11 at the Wayback Machine 2018 06 28External links editOfficial website Chevrolet vn archived 23 Dec 2017 nbsp This Vietnam related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title GM Vietnam amp oldid 1184730642, wikipedia, wiki, book, books, library,
