Daewoo Motor Co. Ltd. is forced to halt production Aug. 28 due to lack of parts from supplier Delphi Automotive Systems Korea, which says Daewoo owes it a fraction of the $700 million in unpaid bills said to be due suppliers. Suppliers are boycotting the South Korean auto maker in an effort to get back payments made, a move which Daewoo says is costing it RMB15 billion ($12.5 million) a day in lost production of about 2,000 units. On Aug. 26 representatives from 191 of Daewoo’s suppliers ...
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