General Motors Corp. signs a memorandum of understanding with Daewoo Motor Co. Ltd. to explore possible strategic alliances. This comes at a time when Daewoo Group, the automaker's parent company and South Korea's second-largest conglomerate, struggles to restructure a $47 billion debt load. The agreement, signed Aug. 6, establishes a framework for continued discussions between the automakers, a GM spokesman says. He denies rumors of possible capital or managerial tie-ups, while ...
Premium Content (PAID Subscription Required)
"GM, Daewoo Talk; Volvo Acquires Scania" 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