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SEOUL, South Korea, May 29 -- U.S. auto giant General Motors Corp has started formal talks with creditors of Daewoo Motor to take over South Korea's bankrupt carmaker, creditors said Tuesday. The ...

As General Motors Corp. prepares to use the assets of bankrupt South Korean auto maker Daewoo Motor Co. to expand its presence in Asia, many Daewoo customers and dealers, as well as its distributor in ...

LOS ANGELES - Three weeks after laying off 65 percent of its employees, including its entire field staff, cash-starved Daewoo Motor America Inc. has bitten the bullet and filed for Chapter 11 ...

SEOUL, South Korea -- General Motors signed an agreement to buy parts of bankrupt Daewoo Motor Co. The deal, as expected, does not include Daewoo's U.S. dealer network. In a fitting cap to more than a ...

LOS ANGELES - Three weeks after laying off 65 percent of its employees, including its entire field staff, cash-starved Daewoo Motor America Inc. has bitten the bullet and filed for Chapter 11 ...

SEOUL, South Korea – General Motors Corp. (GM) signed a $1.2 billion deal Tuesday to acquire key components of South Korea's Daewoo Motor Co., gaining a long sought-after production foothold in Asia, ...

SEOUL, South Korea (AP) _ General Motors Corp. signed a final deal Tuesday to acquire parts of South Korea’s Daewoo Motor Co., gaining an important production foothold in the fast-growing Asian market ...

General Motors and Daewoo Motor announced today that they would enter formal talks concerning a GM takeover. And although Daewoo declared itself bankrupt last November, individual investors might ...

General Motors Corp. has agreed to acquire key operations of bankrupt Daewoo Motor Co. in a deal that will give the U.S. auto giant a stepping stone into the Asian market, company officials said ...