S.Korea's GM Daewoo Oct sales down 25 pct

02 November 2009 @ 09:59 am EDT

GM Daewoo Automotive and Technology Co's sales during October (in vehicles):


S.Korea's GM Daewoo Oct sales down 25 pct
General Motors CEO Fritz Henderson reacts during a news conference at GM Daewoo's Bupyeong auto plant in Incheon, west of Seoul October 15, 2009. General Motors had a very positive dialogue with Korea Development Bank regarding its GM Daewoo affiliate, chief executive Henderson said on Thursday.
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Oct 2009 Oct 2008 TOTAL SALES 55,314 73,333 OVERSEAS SALES 42,945 64,944 DOMESTIC SALES 12,369 8,389

Unlisted GM Daewoo is South Korea's third largest auto maker. General Motors Corp [GM.UL] and partners took a majority stake in some of the assets of failed Daewoo Motor in 2002, creating GM Daewoo.

(Reporting by Cheon Jong-woo in SEOUL; Editing by Jonathan Hopfner)

Copyright 2009 Thomson Reuters. All rights reserved.

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