The Saehan Motor Company was a South Korean automobile manufacturer founded in 1976, which was born on the collaboration of Shinjin Industrial Company and General Motors to introduce their products on the South Korean market.

Saehan was born on the former "General Motors Korea", which encountered difficulties when the South Korean market collapsed, following the first round of oil rises in 1973.

[3] In November 1976, Shinjin Motors faced financial problems and sold its 50% stake in Saehan to the Korea Development Bank (KDB).

In 1978, the Daewoo Group acquired the equity stake and management rights from KDB.

As the Shinjin Group was experiencing financial problems its shares in GMK were sold to the Korea Development Bank.