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The Chevrolet brand has belonged to General Motors since 1918 and today represents one of the GM Group’s core brands. Chevrolet itself was founded by Louis Chevrolet in 1911. The best known Chevrolet is probably the Corvette, which has maintained a solid presence on the international market since 1953. The Chevrolet models which have been available on the German market since 2005 were previously sold under the name of Daewoo. Apart from the logo, these models are based on the Korean technology which has had an extremely positive effect on company results over the course of recent years.