SEOUL — General Motors Corp. and Fiat SpA confirm they are re-entering negotiations to buy some of the assets of the insolvent Daewoo Motor Co. Ltd. It is unclear what impact the mid-October resignation of Oh Hogen, Korea's lead negotiator, will have on the talks. The two automakers, which formed an alliance earlier this year, say they began discussions Oct. 9 to buy Daewoo's passenger vehicle division and related businesses. GM and Fiat will conduct a preliminary due diligence. No ...

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
LisaWilliamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.