General Motors to Sell Chevrolet Badged Daewoo Cars in Europe

In an unusual move, a spokesman at General Motors has unofficially announced it will rename its European-bound Daewoo models Chevrolets in Europe. Up to this point, Corvette has been the only established Chevrolet model available in Europe. GM acquired majority ownership in the Daewoo brand when it purchased the assets of the South Korean automaker and formed GM Daewoo Auto and Technology Co. (GMDAT).