Daewoo Motor America Inc. says plans to offer huge discounts in order to dispose of the 8,000 cars currently “sitting at the docks” at U.S. ports hinge on approval from U.S. bankruptcy court. The Xiali economy car is being shipped to the U.S. The inventory sale is one of several loose ends the former U.S. arm of Daewoo Motor Co. Ltd. – which was left out of General Motors Corp.’s deal to buy key assets of the bankrupt South Korean auto maker – is busy tying up. Daewoo of ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.