UPDATE 1-S.Korea Daewoo Motor Sales prelim H1 net up yr/yr

Newswire

(Adds more quotes, share price, details) SEOUL, July 31 (Reuters) - Daewoo Motor Sales Co , the marketing arm of South Korea's third largest automaker, Daewoo Motor Co, said it expects first half net profit of around 50 billion won ($42.44 million) up from about 22 billion won a year ago. In April, General Motors Corp agreed to invest $251 million into a joint venture with Daewoo Motor creditors, which will give the world's largest automaker a 42.1 percent stake -- the largest -- while ...

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