SEOUL — Daewoo Motor Co. Ltd., bankrupt and limping along on creditor bank handouts, plans to sell 15,000 of its new '01 Lanos II compact cars — aiming to capture a full 20% of the domestic compact segment here. The sales target is ambitious in the current down market. The 2000 Lanos II being replaced had total domestic sales of 18,673 units in a much healthier market, when they were being built and serviced by a much healthier company. This time, and for the first time in Korea, Daewoo ...
Premium Content (PAID Subscription Required)
"Daewoo launches Lanos II with high-risk finance scheme" 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!
Current subscribers, please login or CLICK for support information.