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Daewoo History:
GM Daewoo was first established as National Motor in 1937 in Bupyeong-gu, Incheon, South Korea. After changing its name to Saenara Motor in 1962,... more

Daewoo Overview:
In 2001 General Motors decided to buy most of Daewoo Motorsassets to form GM Daewoo. The new company started operations on October 17, 2002, with GM... more

Daewoo Details:
Daewoos were first sold around the world as the Daewoo LeMans or Pontiac LeMans or known as Daewoo Racer, a model based on the Opel Kadett E. The... more




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Daewoo Overview:
In 2001 General Motors decided to buy most of Daewoo Motorsassets to form GM Daewoo. The new company started operations on October 17, 2002, with GM and its partners Suzuki and SAIC holding a stake of 66.7% with investments of US$400 million. The remaining equity stake of 33.3% was held by Korea Development Bank and several other Korean creditors with investments of US$197 million. The deal did not include 15 plants, especially Daewoosoldest plant in Bupyeong-gu which now operates under the name Daewoo Incheon Motor Company as a supplier to GM Daewoo; General Motors plans to buy this plant by 2008. In 2004, Tata Motors purchased DaewoosTruck manufacturing unit. In February 2005, GM invested US$49 million to raise its share in the company to 48.2%. Furthermore, GM acquired 6.9 million shares in GM Daewoo for US$21 million from Suzuki Motors in August of the same year. General Motors" share in GM Daewoo then increased to 50.9%. Suzuki still holds 11% of GMDAT but is reported to be considering selling this to GM.

Other Daewoo details:
Daewoos were first sold around the world as the Daewoo LeMans or Pontiac LeMans or known as Daewoo Racer, a model based on the Opel Kadett E. The Saehan Bird, based on the General Motors T-car platform, was exported to Malaysia as the Opel Gemini; this was also known in South Korea as the Daewoo Maepsy. A larger Opel Commodore-based model, called the Daewoo Royale was also available. The Daewoo Prince, which had commonalities with the Australian Holden Commodore, was built until 1993. In the 1990s, Daewoo expanded its presence under its own brand, notably in Europe, where it sold the Opel Ascona-based Espero and Kadett-based Daewoo Nexia.Ssangyong models Korando and Musso were sold briefly under the Daewoo brand in certain European countries from 1999 to 2001.Under the supervision of Dr. Ulrich Bez, Daewoo developed its own models not based on any GM platform. These were codenamed as the T100, J100 and V100, reflecting the code names used by General Motors, with Italdesign Giugiaro working on the T100 and V100. The J100 was designed by IDEA of Italy. These were exported from late 1998 to Daewoo Motor America as the sub-compact Daewoo Lanos, compact Daewoo Nubira and the mid-size Daewoo Leganza. Other markets received these three cars, too. The Leganzasstyling was reportedly based on an Italdesign show car based on Jaguar XJ-12 mechanicals; the real thing was more modest, with Holden-built 2.2 L engines shipped from Melbourne to DaewoosKorean plant.








Buying and Selling Marketplace


Blue Daewoo
1999 - £20000
Excellent Condition, recently been serviced, 1 owner from new! This is an... more




White Daewoo
2000 - £25000
Fantastic condition! This car has been in the family since new and has... more




Red Daewoo
2005 - £32000
Great Car! Please contact if interested! This is an Example... more