Hyundai could benefit from joint bid for Daewoo Motor; foreign partner could form long-term strategic alliance with Korea's largest auto maker

Article Abstract:

Hyundai Motor Company Ltd. and an as of yet unnamed foreign partner, will bid on fellow South Korean car manufacturer Daewoo Motor Co. Hyundai has stated that it is primarily interested in Daewoo's foreign operations.

Brief Article, Hyundai Motor Company Ltd.

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Ford's Daewoo move coincides with false-audit charges

Article Abstract:

Ford Motor Co. announced that it had pulled out of negotiations to purchase Daewoo Motor Co. of South Korea. Ford's action coincides with false-audit charges filed against 41 present and former employees of some Daewoo Group units. Daewoo Motor is one of the units.

Diversified Companies, Legal issues & crime, Foreign operations, Investigations, Ford Motor Co., F, Daewoo Corp.

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GM to negotiate purchase with Daewoo Motor creditors

Article Abstract:

General Motors Corp., U.S. company, plans to acquire South Korean company Daewoo Motor Co. Exact assets included and acquisition price were not disclosed. The acquisition of Daewoo could potentially boost GM's presence in the South Korean automobile market, which ranks in importance with the Japanese and Chinese automobile markets.

General Motors Corp., GM

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