Daewoo Motors was founded in 1937 as National Motors in South Korea. The company was originally established to manufacture military vehicles for the South Korean army. In 1978, Daewoo Motors entered an agreement with General Motors to manufacture cars for the domestic market. Daewoo Motors went on to become one of the most successful automotive companies in South Korea, manufacturing a range of popular, affordable cars.
Daewoo Motors is now part of the South Korean automotive giant, GM Daewoo. GM Daewoo is the result of a combination of Daewoo Motors, GM Korea and SsangYong Motors. GM Daewoo is responsible for designing, engineering, and manufacturing vehicles for various global markets, as well as for producing OEM and aftermarket parts.
GM Daewoo’s mission is to become one of the leading global automakers, providing customers with the best driving experience in terms of product design, technology, and customer satisfaction. To achieve this goal, GM Daewoo is continuously investing in research and development, advanced production processes, and innovative designs. GM Daewoo also seeks to provide a diverse range of vehicles to meet the needs of different customers around the world.
The reliability of current and past Daewoo vehicles generally varies quite a bit. Some models may have had some reliability issues in the past, while others are quite reliable. It is important to research the particular model you are looking at to make sure you are getting the best possible reliability for the vehicle.
The maintenance cost of Daewoo vehicles varies depending on the type of vehicle and its age. Generally speaking, Daewoo vehicles cost around $1,500 to $2,500 annually for maintenance including tires, oil changes, filters and other services.
Common mechanical problems of Daewoo vehicles include faulty brakes, suspension issues, electrical problems, and engine failure. Other mechanical issues include a noisy timing chain, an overheating engine, and a faulty clutch.