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Daewoo (UK: / ˈ d eɪ. uː / DAY-oo; US: / ˌ d eɪ ˈ w uː / day-WOO; Korean: 대우; Hanja: 大宇; IPA:; literally "great universe" and a portmanteau of "dae" meaning great, and the given name of founder and chairman Kim Woo-choong) also known as the Daewoo Group, was a major South Korean chaebol (type of conglomerate) and automobile manufacturer.
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.
The Chevrolet Aveo (/ ə ˈ v eɪ. oʊ / ə-VAY-oh) is a five-passenger, front-drive subcompact car marketed by General Motors (GM) since 2002 over two generations. Originally developed by South Korean manufacturer Daewoo Motors and marketed as the Daewoo Kalos (Korean: 대우 칼로스), the takeover of Daewoo by GM to form GM Daewoo Auto & Technology (GMDAT) resulted in the car's marketing ...
GM Korea Company [b] (Korean: 한국지엠주식회사) [c] is the South Korean subsidiary of multinational corporation General Motors and the third largest automobile manufacturer in South Korea. GM Korea's roots go back to the former Daewoo Motors vehicle brand, which was split from its parent company, Daewoo , in 2002. [ 1 ]
In 1997, Daewoo Motors, now GM Korea, bought a controlling stake from the SsangYong Group, only to sell it off again in 2000, because the conglomerate ran into deep financial troubles. In late 2004, the Chinese automobile manufacturer SAIC took a 51% stake of SsangYong Motor Company.
Daewoo is the Korean word for "Great Universe" and may refer to: Daewoo, a former South Korean conglomerate containing the following divisions: Daewoo Motors. Daewoo Automotive Components Co. Ltd. Daewoo Bus Co., Ltd. Daewoo Commercial Vehicle Co. Ltd. Tata Daewoo Commercial Vehicle; Daewoo Motor Sales. GM Daewoo; Architectural Iaan Div.
Tata Daewoo (officially Tata Daewoo Mobility) is a commercial vehicle manufacturer headquartered in Gunsan, North Jeolla Province, South Korea and a wholly owned subsidiary of Tata Motors. It is the second-largest heavy commercial vehicle manufacturer in South Korea.
In 1996, Daewoo Development established the brand name "Iaan". Korean Iaan commercials during that time featured the actress Kim Hee-sun. [citation needed] Daewoo Motor Sales was a partner in Mitsubishi Motors South Korea (MMSK) Corporation, a joint venture involved in the South Korean distribution of vehicles from Mitsubishi Motors.