https://www.just-auto.com
– 26 September 2000 – Ahead of an expected statement this week by General Motors
Corp about its intentions with Daewoo Motor Co Ltd, www.just-auto.com
looks at the potential appeal to GM of the Korean automaker’s core network of
overseas operations, spread across Eastern Europe and ex-USSR.

In Czech Republic, Poland,
Romania, Russia, Ukraine and Uzbekistan – Daewoo rapidly tried to build an auto
empire to compete with giants from Western Europe. The grand scheme failed spectacularly,
but some initiatives have been successful, and they could complement the manufacturing
profile of many automakers.

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As GM is the favoured (and
maybe only) candidate to buy Daewoo, www.just-auto.com
analyses ways the US automaker may view the Korean company’s holdings in Eastern
Europe. Daewoo executives there fear GM may shut their operations as a new owner
of the Korean company, since the US automaker already is strong in the region.
But the issues are complex, and Hyundai Motor Co Ltd could be a big factor.

Read the findings at : https://www.just-auto.com/features_detail.asp?art=290

just-auto.com is the premier
online portal for automotive industry professionals worldwide. Targeted specifically
at industry and business professionals the site provides a single point of reference
for independent automotive industry information.

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David Leggett, just-auto.com
Managing Editor – david@just-auto.com

Amanda Smithson, Marketing
Communications Manager – amanda.smithson@just-sites.com

Telephone: +44 (0) 1386
383000