CANBERRA – General Motors Corp.’s Australian subsidiary, Holden Ltd., reportedly plans to take a 44.6% stake –worth $251 million – in the newly formed General Motors Daewoo Auto & Technology Co. Ltd. Other shareholders are Suzuki Motor Corp. (14.9%), Shanghai Automotive Industries Corp. (10.6%) and Daewoo Motor Co. Ltd. creditors (29.9%). Peter Hanenberger, Holden chairman and managing director, will be a director on the GM Daewoo board. GM Daewoo Auto and Technology will ...
Premium Content (PAID Subscription Required)
"Holden to take 44.6% Stake in New GM/Daewoo Firm" 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: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.