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Daewoo was a major conglomerate and automobile manufacturer in South Korea that went bankrupt in 1999. It was founded by Kim Woo-choong in 1967 and had interests in various industries, such as shipbuilding, electronics, and aerospace.
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Daewoo Motors was a South Korean automotive company founded in 1937 and acquired by General Motors in 2002. It produced various models of cars, such as the LeMans, Espero, Lanos, Nubira, Leganza and Matiz, and sold them worldwide.
Dec 24, 2020 · Daewoo Group, a massive conglomerate of which Daewoo Motors was a subsidiary, went bankrupt in 1999, its chairman fleeing to Vietnam to escape fraud and embezzlement chargers. (He...
- Aaron Gold
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- Chevrolet
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Vision & core values. Company History. POSCO DAEWOO established as a trading company called ‘DAEWOO Industry Co., Ltd.’ in March 1967. The company was assigned as a ‘general trading corporation’ by Korean Government in May 1975 and led the economic development of South Korea by increasing its exports.
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