SEOUL — General Motors Corp.'s ardor for purchasing troubled Daewoo Motor Co. Ltd. may have cooled. Informed sources here say members of the GM due diligence team assigned to analyze Daewoo Motor's operations and make recommendations for acquisitions have split up and returned to their home offices in the U.S. and Singapore. A GM spokesman in Detroit says he was not aware of the development and could not comment, but adds: “We remain interested (in Daewoo Motor) and have made no decisions ...
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.