Daewoo G2X – GM’s Korean version of the Saturn Sky Roadster

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GM’s Korean subsidiary unveiled the G2X roadster at the Busan International Motor Show (April 28 until May 7). Besides the name, the G2X is identical to the Saturn Sky Roadster & the Opel GT Roadster.

Like its American brother, the two-seater G2X features a 177 horsepower, 2.4-liter engine. Equipped with a five-speed manual transmission, the G2X hopes to attract urban drivers in the 21-35 age bracket, a marketing official at the auto show said.

Pricing details were still being set and the model is expected to hit showrooms within months, according to Korean officials.

In South Korea, some analysts say GM Daewoo is on track to unseat Kia Motors Corp. as the nation's second-largest automaker. Last year, GM Daewoo sold 1.15 million vehicles at home and abroad, compared with 1.26 million units sold by Kia Motors.

On the back of such promising results, GM Daewoo announced in March it would rehire all of the 1,725 workers laid off by their former employer, the bankrupt Daewoo Motor Co., by the end of next month.

"The greatest achievement during GM Daewoo's short history is welcoming back all of the workers that our predecessor had to let go," said Rick Labelle, vice president of GM Daewoo's commercial operations.