Following sales collapse, Daewoo-FSO reliant on exports

The company recorded a 2003 56% drop in sales in Poland, which means exports are now the only chance for the company. Last year Daewoo sent 27,600 Lanos models to be assembled by ZAZ, and in 2004 the parties have agreed to increase this to 4,500 units per month. "GM DAT, the American-Korean company continuing the production of Daewoo cars, is negotiating with ZAZ the issue of producing a newer version of the Lanos in Ukraine. We proposed that ZAZ continue purchasing our ready-to-assembly units and produce only elements of the newer version," said a person close to negotiations. He also admitted that if the agreement was not reached, than FSO's exports would be threatened. Daewoo-FSO plans to import and sell Tawria and Sławut cars in Poland, but the major problem is that they do not meet emission standards. (Puls Biznesu, pp. 1, 7) M.M.