As General Motors Corp. prepares to use the assets of bankrupt South Korean auto maker Daewoo Motor Co. to expand its presence in Asia, many Daewoo customers and dealers, as well as its distributor in ...

Remember Daewoo? The third South Korean automaker snuck quietly onto the American scene in 1998, with three models and a sales plan that involved college students hawking the cars, Mary Kay-style, to ...

In late 1999, in the wake of the Asian financial crisis, Daewoo Group was considered all but dead. More than $30 billion in debt, South Korea's second-largest conglomerate became the world's biggest ...

Daewoo Motors, once a major player in the global automotive industry, has an intriguing history that spans from its founding in the 1930s to its eventual bankruptcy in the early 2000s. The company’s ...

A Seoul court on Tuesday sentenced the founder and former chairman of collapsed conglomerate Daewoo to 10 years in prison for a range of charges including embezzlement and accounting fraud. The Seoul ...

POSCO INTERNATIONAL's 'Daewoo' brand generates over 10 billion won in revenue annually in the global market. Although the Daewoo Group has dismantled, the Daewoo brand continues to make its presence ...

When you think of Korean automakers, normally your brain goes to Hyundai or Kia, with their popular models like the Accord and Sportage being common on the roads. Maybe, if you're a bit more ...

Daewoo targets Rs 500 crore revenue in India by FY27. The company plans to launch over 100 products and open 130 branded stores by 2025-2026. It re-entered the Indian market last October and aims to ...

On certain passenger vehicles, a wiring harness, located beneath the carpet in the front passenger floor area, can become damaged by passenger traffic as the wire harness is rubbed against a body seam ...

THE story of the creation of Daewoo was also the story of the rise of South Korea. Over just three decades, Kim Woo Choong, a former shipyard worker of modest means, built, through energy, guts and ...