S.Korea's Daewoo Motor July sales down yr/yr

Newswire

SEOUL, Aug 1 (Reuters) - Daewoo Motor Co, South Korea's third largest automaker, said on Thursday its sales in July were 36,219 units, down from 42,220 vehicles a year ago. Exports over the same period totaled 19,429 units, down from 28,411 vehicles a year ago, Daewoo said. "We've seen lower demand from our overseas affiliates that were not included in General Motors' acquisition list," Hwang Nam-chul, a spokesman for unlisted Daewoo told Reuters. In April, General Motors Corp agreed ...

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