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GM Plans to Unveil Sports Utility Hybrid in Korea

GM will introduce a hybrid car in Korea in late 2007 or early 2008. Through GM Daewoo Auto and Technology, GM's Korean operation, the carmaker is expected to unveil a hybrid-version of the Winstorm.

Published: 08-Nov-2006

SHANGHAI -- General Motors' Asia-Pacific president Nick Reilly hinted that China will possibly overtake South Korea in automobile technology, if the latter neglects investment in auto research and development (R&D).

In a news conference here, Reilly said, "Continued investment in research and development is required for Korea to stay ahead of China."

Saying that the automotive technology gap between the two countries is at least six to eight years, he said there was a possibility that the gap could be narrowed soon if Korean carmakers fail to stay alert to China's challenges.

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