SOUTH KOREA: GM Says It Won't Shut Daewoo Plants
General Motors Corp. has no plan to close any Daewoo Motor Co. operations if it acquires the ailing South Korean automaker, GM Chairman John F. Smith Jr. said Wednesday. "We're here to grow Daewoo. We feel very comfortable we can do that," Smith said, commenting on local concerns about a foreign takeover of Daewoo.
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