Chevrolet-branded vehicles are sold in most automotive markets worldwide, with the notable exception of Oceania,
where GM is represented by their Australian subsidiary, Holden. In 2005, Chevrolet was relaunched in Europe, pri-
marily selling vehicles built by GM Daewoo of South Korea with the tagline "Daewoo has grown up enough to bec-
ome Chevrolet," a move rooted in General Motors' attempt to built a global brand around Chevrolet. With the rein-
troduction of Chevrolet to Europe, GM intends for Chevrolet to be a mainstream value brand, while GM's traditional
European standard-bearers, Opel of Germany, and Vauxhall of Great Britain will be moved upmarket. [3] However,
GM reversed this move in late 2013, announcing that the brand would be withdrawn from Europe[4] in 2016. Aft-
er General Motors fully acquired GM Daewoo in 2011 to create GM Korea, the last usage of the Daewoo automotive
brand was discontinued in its native South Korea and succeeded by Chevrolet.

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