Daewoo

MMSK, Mitsubishi Motors' sole distributor in Korea, established for new market entry

Seoul, July 3 2008 — Mitsubishi Motors Corporation announces that, as one of the key elements of its strategy for the Asian region in fiscal 2008, it is to enter the built-up car sales business in Korea working through its sole distributor in that country MMSK Corporation (see profile below).

2008 Mitsubishi Lancer Evolution: One of the cars to be introduced to the Korean market in October 2008

- GM and UzAvtoSanoat move closer to GM-Uzbekistan joint venture
- Mid-term potential to build 250,000 Chevrolets per year in Uzbekistan

2008-02-26, Incheon, Korea – General Motors Corp. and UzAvtoSanoat of Uzbekistan signed a series of agreements today at GM Daewoo Auto & Technology (GM Daewoo) in the presence of Republic of Uzbekistan President Islam Karimov, who is making a visit to Korea.

According to today’s agreements:

* The Chevrolet Lacetti will be assembled in Uzbekistan within this year from component kits supplied by GM Daewoo. The Chevrolet Lacetti will be the fourth Chevrolet model built by UzAvtoSanoat in Uzbekistan, joining the Chevrolet Captiva, Chevrolet Epica and Chevrolet Tacuma.

Retail Car Deliveries Up

2007-12-03, DETROIT - After three consecutive monthly increases, GM dealers in the United States delivered 263,654 vehicles in November, down 11 percent compared with a year ago, reflecting continuing reductions in daily rental sales and softening industry demand.

Highlights:
* Chevrolet Malibu Retail Sales Up 40 Percent; Chevy Cars Up 15 Percent
* All-New CTS Drives 15 Percent Cadillac Car Sales Increase
* Enclave, OUTLOOK and Acadia Crossovers Post Strong Retail Sales
* Dealer Inventories Down 97,000 Vehicles Year-Over-Year
* Planned Daily Rental Sales Reduction of 28.5 Percent