extralarge
3rd June 2004, 10:37 AM
Following the collapse od Daewoo, here is an unfavorable twist...
'...future Daewoos may be sold in Australia wearing Holden badges. Holden recently transferred two senior Australian designers to Daewoo's head office in Korea and is looking to source its small cars from Asia rather than Europe, because of unfavourable exchange rates.
Holden's small cars are sourced from General Motors' German subsidiary, Opel, and their sales have suffered over the past two years because of exchange rate-driven price rises.'
opinions?
'...future Daewoos may be sold in Australia wearing Holden badges. Holden recently transferred two senior Australian designers to Daewoo's head office in Korea and is looking to source its small cars from Asia rather than Europe, because of unfavourable exchange rates.
Holden's small cars are sourced from General Motors' German subsidiary, Opel, and their sales have suffered over the past two years because of exchange rate-driven price rises.'
opinions?