This article is about the history of the automotive division of Daewoo. For its successor, see GM Korea.
Daewoo Motors
Daewoo logo (2002-2016)
2013 Daewoo Matiz Creative
Formerly
National Motors (1937–1962)
Saenara Motors (1962–1966)
Shinjin Motors (1966–1972)
GM Korea (1972–1976) [n 1]
Saehan Motors (1976–1982)
Daewoo Motor (1982–2002)
Company type
Private (1935–65) Subsidiary (1978–1999)
Industry
Automotive
Founded
1937
Defunct
2002; 22 years ago (2002)[2]
Fate
Bankrupt, acquired by General Motors in 2002, restarted as GM Daewoo
Successor
Daewoo Commercial Vehicle GM Korea
Headquarters
Bupyeong
,
South Korea
Products
Automobiles
Parent
Shinjin (1965-1976)
Daewoo (1982–2002)
Subsidiaries
SsangYong (1998–2000)
Daewoo Motors (/ˈdeɪwuː/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. After running into financial difficulties,[3] it sold most of its assets in 2002 to General Motors at $1.2 billion, becoming a subsidiary of the American company. In 2011, the name "Daewoo" was definitively removed with the company being renamed GM Korea and the Daewoo brand replaced by the Chevrolet marque.[2][4]
^Broken Strategic Alliance: A Case of Daewoo-GM Joint Venture at the SNU Open Repository
^ abIn Daewoo, GM finds gold in overall gloom on The New York Times By Choe Sang-Hun – May 23, 2006
^Daewoo Motor plunges into bankruptcy on The Guardian, 8 Nov 2000
^Daewoo cars history as GM Korea switches to Chevrolet on The Korea Herald, 20 Jan 2011
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DaewooMotors (/ˈdeɪwuː/ DAY-woo) was a South Korean automotive company established in 1937 as "National Motors". The company changed its name several...
motor companies in terms of production.[citation needed] Due to financial trouble, Daewoo's automotive arm, DaewooMotors, was sold to General Motors...
corporation General Motors and the third largest automobile manufacturer in South Korea. GM Korea's roots go back to the former DaewooMotors vehicle brand...
Daewoo Bus Company History: Shinjin Motors 기업연혁: G.M코리아, Daewoo Bus Company History: GM Korea 기업연혁: 새한자동차, Daewoo Bus Company History: Saehan Motors Wikimedia...
Vehicle Co. Ltd", after it was spun off from parent DaewooMotors. In 2004 it was acquired by Tata Motors, India's largest passenger automobile and commercial...
independently develop replacements for the contemporary DaewooMotors products, based on older General Motors models. The Lanos development programme was formally...
manufacturer UzDaewooMotors (later GM Uzbekistan, now UzAuto Motors) produced exclusively the second generation of the LeMans and badged it as Daewoo Nexia....
Renault Samsung Motors. DaewooMotors divests of SsangYong Motor Company 2002: Major assets of DaewooMotors acquired by General Motors. The new company...
it replaces the Daewoo Magnus and its derivatives. The Chevrolet Epica was officially launched in Europe at the 2006 Geneva Motor Show. The Tosca is...
Daewoo Espero (also known as Daewoo Aranos in Spain) is a four-door, five-seater mid-sized saloon produced by the South Korean company DaewooMotors from...
launched as the Daewoo Lacetti Premiere, a badge-engineered version of the Chevrolet Cruze, co-developed by GM Daewoo, Holden, and General Motors. It was marketed...
Subsidiaries include British Jaguar Land Rover and South Korean Tata Daewoo. Tata Motors has joint ventures with Hitachi (Tata Hitachi Construction Machinery)...
Korea. AD Motors (2010–2013) Asia Motors (1965–1999) (Merged into Kia Motors) ATT R&D (2000–2016) Cony Motor Company (2014–2017) DaewooMotors (1972–2011)...
1998 as the Daewoo Matiz (Korean: 대우 마티즈). In 2002, General Motors purchased DaewooMotors, which was marketing the vehicle with several GM marques and...
1986. Since then, SsangYong Motor was acquired successively by DaewooMotors, SAIC Motor, and Mahindra & Mahindra. In 2022, the company was acquired by...
Daewoo Nubira is a compact car which was produced by the South Korean automaker Daewoo from 1997 to 2002 as a 4-door sedan, 5-door hatchback and a 5-door...
manufactured by DaewooMotors and its successors and partners. It was the largest motor sales company in Korea. One of its predecessor of DaewooMotor Sales was...
production of the top-line Daewoo Imperial continued until 1993. The Royale's predecessor was launched in 1972 by General Motors Korea (GMK) as the Rekord...
market by Ssangyong from 1995 until 1999, when DaewooMotors took over. The car was rebranded as the Daewoo Musso, keeping most of Greenley's body style...
marketed globably by GM Daewoo and other General Motors divisions, as well as GMDAT stake holder Suzuki. Developed under its internal Daewoo designation V200...
Shinjin Motors or Sinjin Motors (Korean: 신진자동차, IPA: [ɕindʑin dʑadoŋtɕʰa]) is a defunct South Korean car manufacturer. A related bus manufacturer called...
The Daewoo Leganza is an executive car (E-segment), sometimes classified as luxury large family car (D-segment), that was manufactured and marketed by...
company's motor vehicle subsidiaries DaewooMotors which is currently divided among US based Korean automotive manufacturer GM Korea & Tata Daewoo the manufacturer...
Shinjin Motors and General Motors, not related to the GM Korea established in 2002 after the Daewoo's bankruptcy. rebadged Holden. rebadged Daewoo. Sold...
formerly partly owned by General Motors and, in 2019, it was acquired by the Uzbekistan Government and renamed "UzAuto Motors". By February 2023, the company...
2015[update], the Hyundai Motor Company owns a 33.88% stake in Kia Motors. Likewise, as of December 31, 2015, Kia Motors is a part owner of 22 Hyundai...
1995, when DaewooMotors took control of FSC and renamed it as Lublin II. In 1999 the Lublin III was put into production. After the Daewoo Group bankruptcy...
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