They've heard it and read it, but as of mid-January no one at General Motors Corp. had been officially informed that there will be an auction for South Korea-based Daewoo Motor Co Ltd. “Well, that's what's been reported in the press,” says Lou Hughes, vice president, New Business Strategies, of an auction for Daewoo. “We have not been officially notified of that — yet. But I suspect that will come given the media reports.” GM's exclusive bargaining arrangement with Daewoo expired in ...
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