U.S. auto giant General Motors Corp. will submit a proposal on Wednesday to take over South Korea's ailing Daewoo Motor, Daewoo's main creditor said. Negotiators from GM and creditors will start talks ...

SEOUL, June 2 (Reuters) - Korea Development Bank, the key creditor of GM Daewoo, remained cautious on Tuesday about further financial support for the Korean arm of bankrupt General Motors Corp , ...

SEOUL, Oct 21 (Reuters) - General Motors Co [GM.UL] has not subscribed to the $424 million rights issue of its South Korean unit by a Wednesday deadline, according to a report, but its overseas units ...

The Korean unit of General Motors plans to remove the badge of “Daewoo” from its company name and new domestic releases as it seeks to improve image and boost sales. GM Daewoo Auto and Technology Co.

With the recession still making victims among global automakers, more and more companies decide to ask for support from their local governments, explaining that financial aid is absolutely mandatory ...

DETROIT -- General Motors executives, who once dodged the issue, are now frank about their intent to bring Daewoo vehicles to the United States. John Smith, GM group vice president for vehicle sales, ...

SEOUL - GM Daewoo Auto & Technology Co. is expanding its role as General Motors' low-cost vehicle provider and may ultimately export as many as 650,000 vehicles annually. That would more than double ...

What’s this? A high-ranking GM official has avoided all executive shuffles and managed to stay in the same position for more than six months? Yes. That person is Mike Arcamone, who just wrapped up his ...

General Motors Corp.’s expected takeover of Daewoo Motor Corp. would probably spell the end of the South Korean car maker’s operations in the U.S., a top American Daewoo official said Friday. The deal ...