SEOUL — South Korea plans to auction off the commercial vehicle unit of Daewoo Motor Co. Ltd., officials say. The auction will include the Korean truckmaker's China assets, including a plant with the capacity to built 5,000 buses annually. The limited auction would parallel the method used to sell Daewoo Motor's passenger car division, where one or two preferred bidders would be chosen to negotiate for the purchase, says a representative of the Corporate Restructuring Coordination ...
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