Daewoo awaits its white knight

Treece, James B.; Gadacz, Oles
May 2001
Automotive News;5/14/2001, Vol. 75 Issue 5929, p1
Trade Publication
Reports on the bankruptcy of Seoul, Korea-based automobile manufacturer, Daewoo Motor Co. Downsizing of the workforce in the cost control effort; Reduction of the production capacity since the start of year 2001; Option of Chairman Lee Jong Dae to consider the bid of General Motors Corp. to save the company from bankruptcy.


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