April 19 -- If General Motors ever actually completes the deal and acquires most of Daewoo Motor Co. in Korea, there could be effects back here.
The biggest benefits for GM will be expanded capacity and market share in Korea and Asia. But GM also is likely to acquire North American distribution rights for Daewoo vehicles.
The 525 U.S. Daewoo dealers sold about 48,000 cars last year, off some 30 percent from 2000. Its unlikely that GM needs – or wants – another distribution channel, especially at that low volume.
But Chevy dealers might like to sell some of the Daewoo cars as Chevrolets. It would give them product at the lower end of the market, which could help them compete with Hyundai and other hot-selling Asian brands.