Friday, September 26, 2014

GM IN KOREA HAS A HUGE HIT WITH ITS MINI TRUCK VAN DAMAS AND LOBO–THE MINI TRUCK CAN FIT IN SMALL STREETS AND ALLEYS WELL SUITED FOR SMALL BUSINESSES IN SEOUL–AS KOREA CHANGES ITS ENVIRONMENTAL REGULATIONS TO ACCOMMODATE THE SMALL BUSINESSES TO THRIVE

GM Korea is seeing its Damas minivan and Lobo minitruck selling favorably after resuming their production last month.
The carmaker on Wednesday said it has sold 3,100 units of the Damas and Labo since it started accepting pre-orders in late July.

"Customers will be able to get a car around December if they order now," it added.
The Damas and Labo sold more than 20,000 units last year, but production was halted early this year due to strengthened safety and environmental regulations.
However, small business owners, who are the main consumers of the vehicles, continued to demand them, so the government decided to exempt the two models from the new regulations for the next six years.

GM Korea has enhanced production facilities for the two vehicles with an investment of W20 billion.

http://english.chosun.com/site/data/html_dir/2014/09/25/2014092501082.html

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