RPT-UPDATE 1-GM-Daewoo auto JV on track despite boycott - exec

Newswire

(Repeats to fix typo in first paragraph) Kim Myong-hwan SEOUL, Aug 30 (Reuters) - A joint venture with General Motors to revive Daewoo Motor will be launched in September despite production at the South Korean automaker being paralysed by a parts supplier boycott, a GM executive said on Friday. South Korea's third-largest automaker, Daewoo Motor Co, was shut for a third day on Friday as major parts makers suspended supplies over $700 million in unpaid bills. Representatives from about ...

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