GM Daewoo Auto & Technology lost $702 million in 2008, and this year its sales are off by nearly half, to 261000 vehicles in the first six months. Now the Korean unit says it’s on the cusp of a critical liquidity crunch. …

GM Daewoo Auto & Technology lost $702 million in 2008, and this year its sales are off by nearly half, to 261000 vehicles in the first six months.