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Daewoo Motors (/ ˈ d eɪ w uː / DAY-woo) was a South Korean automotive company established in 1937 as "National Motors". The company changed its name several times until 1982 when it became "Daewoo Motors" following its acquisition by the Daewoo Group.
- 1937
- Automobiles
Dec 24, 2020 · See All 21 Photos. Daewoo's Absurd Afterlife: The Chevy/Suzuki Era. And what of the cars? Though Daewoo gave up on the U.S., the cars lived a lot longer than you might expect—even here in the...
- Aaron Gold
- 2 min
- Chevrolet
Feb 16, 2021 · A history of Daewoo's rise and fall in the US market, from its early days as a GM partner to its rapid departure in 2001. Learn how Daewoo's founder Kim Woo-choong, a textile magnate, risked everything to become a global automotive company and how his strategy of debt and expansion failed.
Due to financial trouble, Daewoo's automotive arm, Daewoo Motors, was sold to General Motors (Korean) in 2001. The Daewoo nameplate continued in South Korea and Vietnam until 2011. The former Daewoo facilities are now producing General Motors vehicles for Asian markets.
- 22 March 1967; 56 years ago
- Kim Woo-choong
- 320,000
- Seoul, South Korea
Learn about Daewoo, a former Korean carmaker that produced and sold compact cars for General Motors in the U.S. and other markets. Find out why Daewoo went out of business, how it was rebranded by GM, and what models survive today.
Find Daewoo pricing, photos, reviews and more from the experts at KBB.com. Shop Daewoo Cars and SUVs near you. Latest Daewoo deals, incentives, and rebates.
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Sep 12, 2022 · Datsun. Mitsubishi. Toyota. Abandoned History: Daewoo Motors, GM's Passport to International Sales (Part II) by Corey Lewis. Published: September 12th, 2022 Share. We return to our Abandoned History coverage of Daewoo Motors in the early part of the Sixties.
