GM Daewoo Automotive and Technology said on Friday its total sales in July rose 36.6% from a year earlier thanks to a resumption of exports to the key US market, Reuters reported.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

GM Daewoo sold 48,555 vehicles in July compared with 35,546 a year ago, while exports surged 92.4% over the same period to 32,272, the car maker said in a statement cited by the news agency.

Reuters noted that the former Daewoo Motor Co halted US exports in 2001 due to financial difficulties.

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now