GM Daewoo Sales Up in 2003

 SEOUL, Jan 2, 2003; Reuters reported that GM Daewoo Automotive and Technology Co's total sales and exports in December versus a year ago. Dec 2003 Dec 2002 TOTAL SALES 67,018 33,046 EXPORTS 57,530 19,686 Unlisted GM Daewoo is South Korea's third-largest auto maker. General Motors Corp (NYSE:http://finance.yahoo.com/q?s=gm">GM - http://finance.yahoo.com/q/h?s=gm">News), the world's largest auto maker, and partners took a majority stake in some of the assets of Daewoo Motor in 2002, creating GM Daewoo. GM Daewoo began exports to the United States in early 2003, resuming shipments halted in 2001 when the former Daewoo Motor was in financial trouble. The company has seen robust sales growth since, with some cars sold under the GM brand. GM-Daewoo's December sales brought total sales last year to 571,219 units, up 51.4 percent from a year earlier, a company spokesman said.