When you speak about cars, you usually speak about European and American car manufacturers. But nowadays, things are becoming different. Asian car assemblers are starting to gain recognition and with much significance. In fact, there are several Asian car brands that are even dominating the global car market. Japan is known for having several leading car brands. But not far behind is South Korea thorough its Daewoo.
The name Daewoo actually refers to a conglomerate or a group of companies. In South Korea, such groups of companies are almost always ruled by chaebols, or families of the business owners. Daewoo is living proof that the system could really be effective and wise.
Daewoo is a known car brand that is becoming one of the prides of South Korea. The design is so exquisite and modernized that you could actually wonder if the car brand is really Korean. It could be significant to note that Daewoo car designs are sophisticated and contemporary in nature.
Each Daewoo car model is unique in its own way. Usually, what sets each model apart from the other models is the exterior design. You could see that Daewoo cars are somehow like fusion of the Korean taste in car design and the contemporary preference for global car brands.
To date, Daewoo is distributed in the Korea and globally by GM Daewoo Auto & Technology or simply known as GM Daewoo. The car brand was originally assembled and developed in the modern city of Incheon. Daewoo cars were originally known as National Motor cars and started to awe car buyers in 1937. In 1962, National Motor changed its identity and became known as Saenara Motor and in 1965 became Shinjin Motor.
Daewoo regained its namesake to become Daewoo Motor in 1982. a few years after, in the 1990s, US carmaker General Motors Corp started accumulating shares in the company, until it eventually gained control of the Korean automaker. It was in 2001 that General Motors absorbed Daewoo and formed a new unit now known as GM Daewoo.
Daewoo fanatics should never feel left out. That is because Daewoo as a brand is very much alive and well in the global scene for cars. In fact, Daewoo remains one of the most trusted and resilient car brands all throughout the world. With the collaboration from General Motors, you can be assured that Daewoo will continue to make waves and awe the global car industry.
With the many years of its existence and the numerous car models that it has launched, Daewoo is set to continue looking forward to the future. As a matter of fact, Daewoo is collaborating not just with General Motors, in Australia, it has been working with Holden Commodore and in Japan; the car brand is identified to have a close partnership with Suzuki.
Thus, Daewoo is becoming better and better as time goes by. Its expertise in car making must never be underestimated. If you are buying a car, check out the Daewoo model in the car dealer shop.
Original Authors: Manny
Edit Update Authors: RPN
Updated On: 15/08/2007