SOUTH KOREA: GM Daewoo plans $US1 billion investment - report
A company spokesman has confirmed a local newspaper report on Friday that GM Daewoo Automotive & Technology Co. plans to invest $US1 billion on facilities and research and development over the next two to three years, Dow Jones reported. According to Dow Jones, the Korea Economic Daily cited GM Daewoo's president and chief executive Nick Reilly as saying the company plans to finalise the medium-term investment plans in the second half of this year.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable