All goods Daewoo
Daewoo Motors, once one of the leading automotive manufacturers in South Korea, was founded in 1982. The company quickly made a name for itself by producing affordable and reliable vehicles, which were popular both in the domestic and international markets.
In 2001, following financial difficulties, Daewoo Motors was acquired by the American automotive giant General Motors (GM), marking a significant moment in the company's history. Under the leadership of GM, the Daewoo brand continued to produce vehicles, but over time its models began to be marketed under other GM brands, particularly Chevrolet.
Nevertheless, original Daewoo parts are still available on the market for older models produced before the acquisition by GM. This ensures ongoing support for Daewoo vehicles, which are still in use in many countries, particularly in Eastern Europe. The availability of original parts is important for maintaining the reliability and safety of these vehicles.
In conclusion, the history of Daewoo Motors is an example of transformation in the automotive industry. Although the brand is now part of GM, the legacy of Daewoo continues through the original parts, allowing owners of older models to maintain them in working condition and operate them safely.
Daewoo was engaged in the production of electronics, household appliances, cars and weapons. The Daewoo group consisted of about 20 divisions; before the collapse, it was the second largest conglomerate in Korea after Hyundai, larger than LG and Samsung. The beginning of Daewoo's history as an automobile manufacturer dates back to 1972, when the Korean authorities officially allowed four companies to manufacture cars: Kia, Asia Motors, Hyundai Motor and Shinjin. After some time, a production union of Kia and Asia Motors was formed. Shinjin was named Daewoo and worked closely with General Motors and Suzuki. A little later, the young Korean automaker changes its name to Daewoo Motor. Cooperation with the American concern GM continued until 1993. The 1998 Asian crisis hit Daewoo hard. The South Korean authorities were against the idea of nationalizing Daewoo. Many automakers wanted to acquire a majority stake in the company. General Motors bought out the division of passenger cars, the production was named "GM-DAT" (English General Motors - Daewoo Auto and Technology); Daewoo Commercial Vehicles acquired by Tata Motors (India), the world's fifth largest manufacturer of medium and heavy trucks; the production of small arms and auto parts was bought by S&T Holdings and since 2006 has been known as S&T Daewoo.