Daewoo Motor Co., a Korean automaker that may soon be acquired by Ford Motor Co., said its first-half loss almost doubled because its costs to service debts swelled and losses at overseas units increased.
Korea's second-largest automaker posted a net loss of $840 million in the six months through June, compared with a loss of $425 million in the same period last year.
Daewoo Motor Co., a Korean automaker that may soon be acquired by Ford Motor Co., said its first-half loss almost doubled because its costs to service debts swelled and losses at overseas units increased.
Korea’s second-largest automaker posted a net loss of $840 million in the six months through June, compared with a loss of $425 million in the same period last year.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
