TOKYO – There are no current plans at General Motors Corp. to increase its stake in GM Daewoo Auto & Technology Co., even though a key stipulation regarding the Detroit auto maker’s ownership rights expires in 23 months. GMDAT is the company made up of certain assets from bankrupt Daewoo Motor Co. Ltd. GM paid $251 million last year for a 42.1% stake in GMDAT. Daewoo creditors own a 33% share with the remaining stake owned by GM alliance partners: Suzuki Motor Corp. and China-based ...

Premium Content (PAID Subscription Required)

"No Plans for GMDAT Ownership Change" 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 pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.