DETROIT -- Outgoing General Motors Corp. Asia/Pacific President Rudolph A. Schlais says he expects to see a deal in which the auto maker acquires some of the assets of South Korea’s Daewoo Motor Co. Ltd. before he retires from the company in April. GM in September signed a memorandum of understanding to purchase some elements of the insolvent auto maker and now is conducting due diligence. A deal could be reached as early as four to six weeks from now, Schlais says. The deal was expected ...
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- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.