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GM Buys Up Daewoo Share Offering, Increases Stake To 70 Percent$413m isn’t a ton of money for one of the largest global automakers, but GM’s purchase of Daewoo’s entire share offering still doesn’t completely add up. After all, GM was barred from spending US taxpayer bailout money on overseas assets. And it’s not like GM wanted ... |
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Quote Of The Day: Ask And Ye Shall Receive EditionRon: Is the new Chevy Cruze a rebranded Daewoo, or a genuinely novel GM product? I understand it will be assembled in the US. Fritz Henderson: cruze is an all new vehicle developed as a true chevrolet. we will build the vehicle in our plant in lordstown, ohio. Ron, that’s a great questio... |
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