Bankrupt Daewoo forced to idle plant

Gadacz, Oles; Treece, James B.
November 2000
Automotive News;11/13/2000, Vol. 75 Issue 5903, p4
Trade Publication
Reports the closure of Pupyong plant by Daewoo Motor Co. Limited in South Korea. Details on the bankruptcy proceedings of Daewoo; Effect of the stoppage on export shipments; Refusal of the company creditors to roll over debt; Rejection of the company unions to form a restructuring plan to lay off workers.


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