General Motors Corp. is sending a delegation from the U.S. to South Korea next week to purchase $300 million worth of auto parts, says a Korean news report. The Korea Economic Daily quoted a Korean trade official in its May 7 edition as saying GM will be sending a parts purchase delegation to the country to show its support for the Korean auto industry. GM agreed to purchase key assets of bankrupt South Korean auto maker Daewoo Motor Co. Ltd. in April.
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