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Daewoo
Vehicle Review
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WEB'S BEST SOURCE FOR AUTO REVIEWS |
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| Daewoo Vehicles Style |
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Daewoo Vehicles Handling
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In
1972, Daewoo Motor was created in a partnership
between General Motots and Shinjin Motor,
and sustained itself for many years by retooling
General Motors products for the Asian market.
Daewoo
motor launched itself into the UK by billing
itself at the 1994 NEC Motor Show as the
'Biggest Car Company You've Never Heard
Of'. It attracted attention by breaking
all the rules. Rather than build up a dealer
network, it set up its own direct selling
operation, using Halfords as its nation-wide
service network. New car sales are on a
'no haggle' basis. Ostensibly attractive,
there has been criticism that the trade-in
prices offered are lower than trade averages
- prices which customers are discouraged
from trying to negotiate.
Helped by the establishment of technical
and development centres in the UK and Germany,
Daewoo replaced these vehicles with its
first totally home-grown cars in 1996 and
1997, Lanos, Nubira and Leganza. The company
added 4x4 vehicles to its range by buying
out fellow Korean maker SsangYong in 1998
and added a well-received mini-car, the
Matiz, to its range in the same year. The
company's rapid expansion and the late 1990s
Asian financial crisis left it financially
vulnerable and in 1999 its creditors, concerned
by its massive debts, called time. Whilst
operationally its future is not in doubt,
the company now looks likely to be taken
over by an outside interest. Political considerations
make a foreign take-over sensitive, but
nevertheless the most likely candidate is
Daewoo's old partner GM, though other companies,
including Ford, have expressed interest.
Daewoo
has 3 entries into our reviews section.
You will find detailed info on the Daewoo
Leganza, the Daewoo
Lanos and of course the Daewoo
Nubia for your review.
Check
back periodically for the latest Deawoo
Vehicle review information and specs which
we update monthly.
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