Daewoo
Motor will resume operations at its Pupyong plant on March 7, the Korea Times
reported.
The company will concentrate on the Lanos and Leganza passenger car models.
Go deeper with GlobalData
According to the newspaper, Daewoo said that inventories had decreased from
13,000 cars to 9,000 since it stopped production at Pupyong in the middle of
February to save about 84.5 billion won ($US6.6 million).
“So we plan to restart the operation to meet increasing orders from domestic
and overseas markets, ” a Daewoo official told the Korea Times.
Daewoo’s factories in Kunsan and Changwon, which make the Rezzo and Nubira
models, have also resumed operations although the workers earlier staged partial
strikes in protest at massive layoffs at Daewoo Motor.
The Korean Confederation of Trade Unions has decided to hold protest rallies
in front of the Pupyong factory and is poised to charge into the factory, along
with dismissed workers, if the opportunity arises. This could lead to another
violent clash with police.
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By GlobalData
Daewoo said it sold 12,839 cars in February, well up on January’s 9,866, due
to aggressive marketing activities and brisk domestic sales.
