Scuttlebutt - General Motors Corp. pollution agreement in Michigan; Nissan Motor Company Ltd. land acquisition in Mississippi - Brief Article
SEOUL - Two years ago, General Motors Corp. offered an initial bid of nearly $5 billion to acquire Daewoo Motor Co. Ltd. in a global auction process. In Late April GM reached final agreement with Daewoo on selected assets of the insolvent Korean auto maker for a mere $251 million.
The state, which said it would acquire all land as part of an incentive package, planned to go to the Mississippi Supreme Court using the argument of eminent domain to round out the 1,400-acre parcel.
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HENDERSON: The Matiz is a great value in many other markets, but I’m not sure about the U.S. It may be a little small for the U.S.
HENDERSON: I believe we’ll achieve them first and then let you know what they were and how we did it. Daewoo has had a lot of trouble and we need to get back our footing as soon as possible, but we’ll work on both.
WAW: What are your market-share targets for Korea?