The Car from Hollywood Movies Is Coming
Korea GM Launches Four Models Including Full-Size Tahoe and Pickup Trucks Domestically
[Asia Economy Reporter Choi Dae-yeol] Korea GM is attracting attention by consecutively introducing new cars that have been verified in overseas markets to the domestic market. It is a 'two-track' strategy to provide consumers with various options while securing profitability. Korea GM, regarded as General Motors (GM)'s key hub in East Asia, plans to establish a foundation for business normalization based on this strategy.
According to Korea GM on the 25th, there are four new cars confirmed for domestic release this year. Considering the recent high demand for sport utility vehicles (SUVs) both domestically and internationally, large SUVs Traverse and full-size SUV Tahoe have been brought into the domestic market. These models, already verified in North America, are gaining attention as the camping and car camping culture spreads domestically, increasing demand for large SUVs.
Korea GM has already established its presence domestically by introducing the pickup truck Colorado and Traverse. The Colorado, launched domestically in 2019, surpassed cumulative sales of 10,000 units as of January this year. The Traverse, developed to also serve as a minivan, was introduced domestically in 2019 and ranked within the top 10 imported car sales in the first quarter of the following year. In July of the same year, it also recorded first place in the imported large SUV segment.
The Traverse was relaunched as a facelift model in January this year, reinforcing parts needed by domestic consumers. While partially refining exterior designs such as the headlamps, it was equipped with adaptive cruise control and digital surround vision cameras as standard features. The highest trim added the High Country model, expanding options for domestic consumers.
The full-size SUV Tahoe, which is hard to find a competitor for in the domestic finished car industry, is also about to be released soon. It is a steady seller model that has sold over 100,000 units annually in the United States. The model released domestically is the latest 5th generation, boasting a considerable size with a length of 5352 mm, width of 2057 mm, and height of 1925 mm. It was developed based on the same platform as GM's luxury brands Cadillac Escalade and GMC Yukon. It is often exposed in mass media as a Hollywood movie vehicle or VIP security van, making it a familiar car even before its release.
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At the end of this year, the full-size pickup truck GMC Sierra will be introduced domestically. GMC is a high-end off-road specialized brand under GM, specializing in large SUVs and pickup trucks. The Sierra's basic model has a length of 5359 mm, and the long box model is 5835 mm, sizes rarely seen domestically. It shares the chassis and powertrain with the Chevrolet Silverado and is characterized by applying premium specifications. Korea GM plans to implement a multi-brand strategy by introducing various brands domestically, including Chevrolet, Cadillac, and now GMC.
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