GM Korea Co., the local importer of Cadillac brand cars, said it aims to increase the market share of its premium cars in South Korea by introducing a steady stream of competitive new models.
In a meeting with reporters late last week, company CEO Chang Jae-joon said Cadillac is committed to launching a new vehicle every year, and by strengthening its sales network, it wants to grab at least 10 percent of the country's import luxury vehicle market in the next decade.