NEW ORLEANS - Daewoo Motor America had to ask dealers for a little more patience at the National Automobile Dealers Association convention here last week.
Daewoo is in limbo pending a decision by General Motors to take over assets of the bankrupt parent company, Daewoo Motor Corp. Last summer, GM agreed to purchase some of Daewoo assets, including Daewoo's U.S. sales arm.
``Unfortunately, they didn't have a whole lot of news to tell us,'' said dealer Gary Leverenz, president of Waco Auto Imports in Waco, Texas. ``Basically they told us what they've been telling us over the past couple of months.''
That message has been to remain patient.
…

No comments:
Post a Comment