New Lacetti spearheads Daewoo recovery plans; But Korean carmaker still needs modern diesels and a bigger product range.(News)

Byline: Chris Wright Automotive News Europe

GM Daewoo Auto and Technology's replacement for the Daewoo Nubira will make its European debut at the Geneva auto show in February.

Unveiled at the Seoul auto show last month, the Lacetti went on sale in South Korea November 21. It will appear in European markets next spring.

The new lower-medium sedan took three years to develop. It was originally due five months ago, but was delayed by Daewoo's financial problems and by the protracted negotiations with General Motors. GM has since taken over much of the Korean automaker's ...