Holdens made by GM’s Australian operation could be re-badged as Daewoos for sale in some export markets once GM begins running the Korean car maker, according to the website drive.com.au.

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Drive.com.au says Holden chairman and managing director, Peter Hanenberger, has raised the possibility of Holden-made Daewoos, saying that rather than Daewoo investing in building a new large car it would be simpler and cheaper to rebadge a Statesman or Caprice.


“Daewoo doesn’t have a leading product in the upper range, which could be a Statesman or Caprice,” Hanenberger said, according to drive.com.au.


Drive.com.au said Hanenberger said it was unlikely that such a vehicle would sell in Australia and the Daewoo-badged cars would be reserved for export markets where Daewoo is trying to expand.

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