Daewoo Motors

Daewoo Motors
	2013 Daewoo Matiz Creative
Formerly	National Motors (1937–1962); Saenara Motors (1962–1966); Shinjin Motors (1966–1972); GM Korea (1972–1976) ; 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
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 Motor was a South Korean automotive company owned by General Motors. The company started in 1937 as National motors in Bupyeong-gu, Incheon, South Korea.^[3] In 1965 it became Shinjin Motor after becoming affiliated with Toyota.^[3] In 1972 Toyota withdrew. The same year Shinjin became General Motors Korea, a joint venture with General Motors.^[3] The company was renamed Saehan Motors in 1976. In 1982 the company was bought by the Daewoo group. Daewoo was known for its affordable cars many of which were made in partnership with GM until the mid '90s. The Daewoo Group ran into financial trouble in the late 1990s. It was then put up for sale and acquired by General Motors in 2001.^[4] It was renamed GM Daewoo, and began to produce GM vehicles again. This included the Chevrolet Aveo which is based on Daewoo's Kalos model.^[5] In 2011 GM Daewoo was renamed GM Korea.^[6] 1967-2016

Notes

↑ It was a joint venture established by local Shinjin Motors and General Motors, not related to the GM Korea established in 2002 after the Daewoo's bankruptcy.^[1]

References

↑ Broken Strategic Alliance: A Case of Daewoo-GM Joint Venture at the SNU Open Repository
↑ Cite error: The named reference nyt was used but no text was provided for refs named (see the help page).
↑ ^3.0 ^3.1 ^3.2 "DAEWOO Cars and Brand History". SoftNews NET. Retrieved 20 May 2015.
↑ Tariq Hussain, Diamond Dilemma: Shaping Korea for the 21st Century (Korea: Random House Joongang, 2006), p. 131
↑ "CHEVROLET Aveo / Kalos 5 Doors Models (3)". Autoevolution/SoftNews NET. Retrieved 29 December 2015.
↑ Bryan Laviolette (21 January 2011). "GM Daewoo Changing Name to GM Korea". The Detroit Bureau. Retrieved 29 December 2015.

Other websites

Media related to Daewoo Motors at Wikimedia Commons

This short article about transport can be made longer. You can help Wikipedia by adding to it.

[notgmk-2] It was a joint venture established by local Shinjin Motors and General Motors, not related to the GM Korea established in 2002 after the Daewoo's bankruptcy.^[1]

[snu-1] Broken Strategic Alliance: A Case of Daewoo-GM Joint Venture at the SNU Open Repository

[nyt-3] Cite error: The named reference nyt was used but no text was provided for refs named (see the help page).

[SNN-4] 3.0 ^3.1 ^3.2 "DAEWOO Cars and Brand History". SoftNews NET. Retrieved 20 May 2015.

[5] Tariq Hussain, Diamond Dilemma: Shaping Korea for the 21st Century (Korea: Random House Joongang, 2006), p. 131

[6] "CHEVROLET Aveo / Kalos 5 Doors Models (3)". Autoevolution/SoftNews NET. Retrieved 29 December 2015.

[7] Bryan Laviolette (21 January 2011). "GM Daewoo Changing Name to GM Korea". The Detroit Bureau. Retrieved 29 December 2015.

[n 1]