PARIS, Sept 25 (Reuters) - General Motors Corp on Wednesday said its new entity which will control key assets of South Korea's bankrupt Daewoo Motor Co Ltd was not expected to be profitable for about three years. Nick Reilly, president and chief executive designate of the new entity, to be called GM-Daewoo Auto & Technology Co Ltd, will gain formal control of key Daewoo assets by mid-October, significantly later than originally planned. Reilly said the new company would report ...
Premium Content (PAID Subscription Required)
"AUTOSHOW-GM sees Daewoo assets for in red for three years" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.