Daewoo Poised for Second Quarter Increase

Apr 03, 2001, 01:00 ET from Daewoo Motor America, Inc.

    COMPTON, Calif., April 3 /PRNewswire/ --  "Considering the amount of press
 coverage associated with Daewoo Korea's restructuring and labor unrest we are
 pleased with the first quarter sales result of 15,829 units," stated D.J. Lee,
 president and CEO of Daewoo Motor America.  Lee went on to say, "With these
 problems behind us we are confident in our ability to grow in the coming
 months because our products give the consumer the right mix of features and
 value."
 
 
                               March          YTD         March          YTD
                               2000                       2001
 
     Leganza                   2114          6252         1911          6198
     Nubira                    1718          4998         2128          5186
     Lanos                     2269          5119         1374          4445
       Total                   6101         16369         5413         15829
 
     Daewoo Motor America, Inc. is based in Compton, CA and is the U.S.
 subsidiary of Daewoo Motor headquartered in Seoul, Korea.  Daewoo Motor
 America currently sells the subcompact Lanos, the compact Nubira and the mid
 size luxury sedan Leganza through an expanding network of retail operations
 nationwide, now totaling over 500 locations.
 
 

SOURCE Daewoo Motor America, Inc.
    COMPTON, Calif., April 3 /PRNewswire/ --  "Considering the amount of press
 coverage associated with Daewoo Korea's restructuring and labor unrest we are
 pleased with the first quarter sales result of 15,829 units," stated D.J. Lee,
 president and CEO of Daewoo Motor America.  Lee went on to say, "With these
 problems behind us we are confident in our ability to grow in the coming
 months because our products give the consumer the right mix of features and
 value."
 
 
                               March          YTD         March          YTD
                               2000                       2001
 
     Leganza                   2114          6252         1911          6198
     Nubira                    1718          4998         2128          5186
     Lanos                     2269          5119         1374          4445
       Total                   6101         16369         5413         15829
 
     Daewoo Motor America, Inc. is based in Compton, CA and is the U.S.
 subsidiary of Daewoo Motor headquartered in Seoul, Korea.  Daewoo Motor
 America currently sells the subcompact Lanos, the compact Nubira and the mid
 size luxury sedan Leganza through an expanding network of retail operations
 nationwide, now totaling over 500 locations.
 
 SOURCE  Daewoo Motor America, Inc.