The Detroit News.
Phoenix is under pressure to demonstrate it has adequate financial backing.
Phoenix has said it hopes to maintain mass-market car production at Rover's largest factory, Longbridge, in Birmingham, England. The Daewoo workers walked off their jobs last Tuesday, protesting a dawn raid by police in which 20 labor activists were arrested. The raid followed more than two months of partial or full-scale strikes at the main plant, called to oppose the planned sale of the company. Peugeot sales gained 11.6 percent to 61,853 cars. Rival Renault SA's unit sales rose 5.9 percent to 52,821.