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Article: BRIEFING - ASIA AUTOMOTIVE - MAY 30, 2001.
- Article from:
- AsiaPulse News
- Article date:
- May 30, 2001
CopyrightCOPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on the automotive industry for May 30, 2001, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
EXCLUSION OF DAEWOO UNITS FROM SALES TALKS CAUSING PROBLEMS
SEOUL - Daewoo Motor units excluded from sales talks by prospective buyer General Motors have become an have become a point of contention in the negotiations.
GM and Daewoo Motor creditors agreed to exclude from their talks some of the ailing auto maker's units, including a bus plant in Pusan and a truck plant in Kusan and overseas commercial vehicle units.
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