UPDATE 2-Daewoo auto suppliers reject offer to end boycott

Newswire

(Recasts with suppliers' rejection) By Kim Myong-hwan SEOUL, Aug 30 (Reuters) - Suppliers of parts to Daewoo Motor said on Friday they had rejected an offer to end a boycott that has shut South Korea's third-largest automaker for three days and were unlikely to resume deliveries before Wednesday. General Motors said it would nevertheless launch a joint venture to revive the bankrupt Daewoo firm as scheduled in September despite the dispute over $700 million of unpaid bills for parts. ...

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