Daewoo Motor president Young-Kook Lee is planning an "investment roadshow" trip to Europe and the United States in an effort to restore confidence among creditors, suppliers and employees in the debt-burdened South Korean carmaker, FT.com reported.
Go deeper with GlobalData
Journalists may also be
invited to interview Mr Lee, a spokeswoman for Daewoo Motors in Britain told
just-auto.com.
The round of meetings at the end of November will include stop-overs in London,
Amsterdam and New York, FT.com said.
It is thought that the US itinerary might include talks with representatives
of General Motors and Fiat which are currently conducting due diligence on Daewoo
with a view to taking over the bankrupt firm.
Senior GM and Fiat executives reportedly met in Detroit last week to discuss
possible terms of a takeover deal or offer for selected assets.
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By GlobalData
FT.com said that Daewoo officials refused to disclose details of the trip,
other than to say it would address concerns about the carmaker from industry
analysts and component suppliers.
