GM Daewoo Starts Production of Alpheon Luxury Sedan

GM Daewoo, the Korean unit of U.S. automaker General Motors, on Monday began production of a new luxury sedan, the Alpheon, at its factory in Bupyeong, Gyeonggi Province. The model is scheduled to hit the market next month.

The model with a 3.0-liter engine will reach showrooms in mid-September while two models each with a 2-4 liter engine will go on sale in October. The car is a localized version of GM's Buick LaCrosse.