Suzuki, GM to brief on Daewoo at 0900 GMT - source

Newswire

TOKYO, June 27 (Reuters) - Japanese minivehicle maker Suzuki Motor Corp said on Thursday it and General Motors Corp will hold a news conference at 6 p.m. (0900 GMT) on an "overseas matter." Suzuki did not give details, but an industry source said the two companies would announce their planned investment in a rebuilt Daewoo Motor Co. Earlier this week, Suzuki said a basic agreement had been reached with GM, which owns 20 percent of the minivehicle maker, to invest in a new firm that will ...

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