General Motors turns a corner

Article Abstract:

This article discusses how General Motors responded to the economic downturn in Taiwan and the loss of most of its dealership network. The auto maker is now selling its cars over the Internet and expects online sales to account for 30% of its sales revenue by the end of the year.

Telegraph & other communications, Video Retailing Service, All Other Information Services, GM, Online shopping, Home shopping

---

Ford ready to start talks on buying Daewoo Motor

Article Abstract:

Ford Motor Co. announced that it is ready to begin negotiations on the acquisition of Daewoo Motor Co. The US car maker just completed a six week period of due diligence on Daewoo.

GM Daewoo Auto and Technology Company Ltd., F

---

Ford interested in Daewoo; U.S. concern hasn't voiced a Korea strategy

Article Abstract:

The heavily financially troubled Daewoo Group has been audited from every angle and may be broken up. Ford Motor Co. is looking at the Daewoo Motor Co. unit but has not made any overtures or commitments. Observers think that General Motors is more interested in a deal of some sort than Ford is.

Automobiles, Automobile Manufacturing, Laws, regulations and rules, Marketing, Automobile industry, Asia, Daewoo Corp., Seoul, South Korea

Similar abstracts:

• Abstracts: Enron says it will restate results going back to 1997; U.S. energy concern fires two officers with links to partnerships
• Abstracts: KKR acquires 4.9% stake in TI Group; firm to help U.K. concern look for deals. U.K.'s BC partners nears big U.S. deal
• Abstracts: Oil exploration is picking up in Azerbaijan as prices recover. Exxon-led group unveils plan for Russian oil fields
• Abstracts: Novo's pretax profit fell in quarter, but results still exceeded forecasts. Novo Nordisk says pretax profit rose 44% in first half
• Abstracts: BC Partners pays 2.1 billion euros to buy General Healthcare. BC Partners still seeks Six Continents pub arm

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.