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...sure, automaking has become such a globalized business that the nationality of cars is increasingly blurred. GM owns 38% of Japan's Isuzu, 50% of South Korea's Daewoo Motors, 50% of Sweden's Saab-Scania and 5% of Japan's Suzuki, and shares some manufacturing operations with both Toyota and Suzuki. Those alliances give GM global reach, but the automaker was in danger of evolving into little more than a holding company if it did not relearn how to manufacture competitive cars in its own plants...

Author: /time Magazine | Title: The Right Stuff: Does U.S. Industry Have It? | 10/29/1990 | See Source »

...North American GM failed to import more of Opel's technology and know-how? GM executives in Europe tend to shrug at the question and point to the occasional instance of cooperation. Most notable: the Pontiac LeMans, which is in effect an Opel Kadett built in South Korea by Daewoo and shipped to the U.S. "I wouldn't rule out the use of Opel strategically, let's say if we needed a small car in the U.S.," says John Smith Jr., who as president of GM Europe was largely responsible for its turnaround and now serves as GM's executive...

Author: /time Magazine | Title: Two Sides of a Giant: General Motors | 2/19/1990 | See Source »

...GUEST JOURNALISTS: Dwayne Andreas, Archer Daniels Midland; J. Robert Ave, Lorillard; C.M. Bishop Jr., Pendleton Woolen Mills; Howard Cooley, Jockey International; Ronald Davis, Perrier; *J.F.A. de Soet, KLM; Patrick Foley, DHL Corp.; R. Michael Franz, Murata Business Systems; Ernest Gallo, Gallo Winery; James Harvey, Transamerica; Kim Duk-Choong, Daewoo Group; Philip *Knight, Nike; Gunter Kramer, BMW; George Lawrence, American Gas Assn.; Richard Maher, Christian Brothers Winery; Henri Michel, Aerospatiale; Mechlin Moore, Insurance Information Insti*tute; Hideo Nakao, NEC Electronics; Steven Ross, Warner Communications; Anton Rupert, Rembrandt Group; Robert Sinclair, Saab; Preston Robert Tisch, Loews; Graham Whitehead, Jaguar...

Author: /time Magazine | Title: From the Publisher: May 1 1989 | 5/1/1989 | See Source »

...revolving door was buffeting Baker's nominee for Deputy Secretary of State, Lawrence Eagleburger, a former high-ranking diplomat who most recently was the $200,000-a-year president of Kissinger Associates. The firm's global list of clients (including Britain's Midland Bank, South Korea's vast Daewoo Group and Hunt Oil projects in the Middle East) is so extensive that he may have to cross off entire continents to avoid the appearance of a conflict of interest. Eagleburger, who would be in charge when Baker is out of the country, proposes to solve the problem by recusing himself...

Author: /time Magazine | Title: Raining On Baker's Parade | 2/27/1989 | See Source »

None of the other NICs has been more successful or volatile than South Korea. The government has directed the growth of such huge industrial conglomerates as Hyundai and Daewoo, which manufacture cars, computers and other high-tech goods. Following the example of the giant Japanese manufacturers, the Korean companies have launched a determined U.S. invasion. Hyundai's subcompact Excel, which reached American shores last year, is the hottest-selling new imported auto in history. This summer, General Motors started selling small Daewoo cars under the Pontiac LeMans nameplate...

Author: /time Magazine | Title: Newly Industrialized Countries: Low Costs, High Growth | 10/19/1987 | See Source »

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