description Daewoo Motors Overview
Daewoo Motors, founded in South Korea in 1988, was initially a shipbuilding company that diversified into automotive production before being acquired by General Motors in 2002 and rebranded as Chevrolet.
help Daewoo Motors FAQ
When was Daewoo Motors founded?
Daewoo Motors was founded in South Korea in 1988. The company grew as part of the broader Daewoo business group.
What happened to Daewoo Motors?
General Motors acquired Daewoo Motors in 2002. The business was subsequently rebranded as Chevrolet in several markets.
Was Daewoo Motors originally a car company?
Daewoo began as a shipbuilding company before diversifying into automotive production. Its automotive division later became part of General Motors.
What brand replaced Daewoo Motors after the GM acquisition?
General Motors rebranded the business as Chevrolet after acquiring Daewoo Motors in 2002. Some Daewoo-developed vehicles therefore continued under Chevrolet badges.
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