Will Renault take over the Daewoo Lublin car plant?
Despite the fact that the Daewoo Motor Polska plant in Lublin is in the
middle of bankruptcy proceedings, there is a high probability that French
car manufacturer Renault might invest in it. "Last Thursday the factory was
visited by Renault representatives. They are not interested in assembling
the new LD 100 model, but rather are looking at using our facilities to
produce their own vans. So far there have been no firm declarations of
intent," an insider told Puls Biznesu. The search for an investor willing to
continue the abandoned design of the LD 100 van have so far not produced any
results. Representatives of Renault also visited the Daewoo Zeran plant.
"They only looked at what we have. This should not be considered as part of
moves to make a competitive offer to that by Rover," said a member of
Daewoo-FSO management. (Puls Biznesu, pp. 1, 3) M.M.
