GM Daewoo has opened a new £62m engine plant at its Changwon production facility in south eastern Korea. The carmaker will produce four-cylinder 1.0 and 1.2-litre S-TEC engines, in addition to the existing three-cylinder 0.8-litre power plant.

According to GM Daewoo President and CEO Nick Reilly, the facility will make GM Daewoo a stronger player in the mini-and small-car segments. "The T4 engines are indispensable to the future of our Changwon plant and will help us increase our market share not only domestically, but also abroad."