GM Daewoo Auto & Technology Co said on Monday that studies on launching a large passenger car and sport utility vehicle (SUV) in South Korea were at an advanced stage, according to Reuters. "We are not in two important segments (in South Korea), large passenger cars and SUVs", Nick Reilly, GM Daewoo president and chief executive, told a news conference unveiling the automaker's latest car, the Lacetti small-to-mid-sized passenger car, Reuters reported.