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DAEWOO | Workshop Manuals | PDF Downloads

Daewoo Automotive, a former division of the South Korean conglomerate Daewoo Group, had a relatively short but eventful history in the automotive industry. 

Founded in 1982, the company initially collaborated with General Motors to manufacture vehicles for the domestic Korean market.

However, Daewoo soon expanded its ambitions and began exporting cars to other parts of the world, including Europe, Asia, and the Americas.

Throughout the 1990s, Daewoo experienced rapid growth, acquiring controlling stakes in automotive companies in countries such as Poland, Romania, and Uzbekistan.

The company's global expansion strategy led to the establishment of manufacturing facilities and partnerships in multiple countries. However, this aggressive expansion also contributed to Daewoo's financial difficulties, as the Asian financial crisis of the late 1990s took a heavy toll on the company.

Faced with mounting debts and declining sales, Daewoo was forced to sell off many of its overseas assets and ultimately declared bankruptcy in 1999.

In 2002, General Motors acquired a majority stake in the company, renaming it GM Daewoo Auto & Technology. Under GM's ownership, the company continued to produce vehicles for both the domestic and international markets until 2011, when it was fully integrated into GM Korea.

Despite its turbulent history and ultimate demise as an independent entity, Daewoo left a significant mark on the global automotive industry, particularly in emerging markets where its affordable and reliable vehicles gained popularity.