TITLE

Smaller Is Better

AUTHOR(S)
Kirk, Donald
PUB. DATE
December 2008
SOURCE
Forbes Asia;12/8/2008, Vol. 4 Issue 21, p56
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the four Korean plants of GM Daewoo. It notes that GM Daewoo sales increased from 412,000 vehicles in 2002 to 1,885,000 in 2007, which reflects the company's remarkable success unlike its parent company, General Motors, in the U.S. It states that in 2008, sales slowed down both in its domestic and export trade. According to Michael Grimaldi, GM Daewoo President, all employees and staff of the company must work as a team to overcome the economic challenge.
ACCESSION #
35875764

 

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