asia is a business imperative now more than ever asian automotive newsletter issue 23 february 2001 bimonthly of developments in the auto and components markets contents introduction 1 china hong kong india 2 indonesia japan korea 3 malaysia 4 thailand focus daewoo suppliers 5 hk daimlerchrysler planning to sign loi by with first autoworks faw one s leading state owned vehicle companies two aim set up 50 jv which will manufacture trucks buses agreement comes as disappointment volkswagen itself looking for chinese partner bus truck production particularly given longstanding partnership manufacturing january shanghai group general motors have negotiated buy 51 35 respectively liuzhou wuling co ltd b shares be issued negotiations between three are scheduled conclude march based guangxi manufactures 150 000 minivans annually company increase levels 200 after floating over time it