SOUTH KOREA: Daewoo Motor target is to recapture 26% market share
General Motors aims to see its Daewoo Motor unit increase its Korean market share to 26%, a top GM executive has said, according to a report in The Korean Herald. Allan Perriton, president of GM Korea, reportedly said that GM is not planning to pump additional investment into Daewoo, expressing hopes that Daewoo will be required to independently raise any necessary funding.
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