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Pick your next Daewoo at the dealer, pick your car finance here.
General Motors have bought out Daewoo cars, and all new Daewoo cars will now badged as Chevrolet. Most Daewoo models are available for finance. GM Daewoo models are now marketed in many Western markets under the Chevrolet brand. (Ironically, other Daewoo models are sold in the States as Suzuki’s. MOT Test Insurance is also available to owners of Daewoo cars up to eight years old.
Due to financial troubles, Daewoo Motors was sold to General Motors and became the company's low-end cars division. Under the GM Corporation, the parts for these brand new Daewoo cars are not hard to find. Along with manufacturing Daewoo is also heavily concerned with the development of its cars, with an engineering department that has influenced the design of many recent General Motors models.
The company was renamed as the Daewoo Corporation in 1982 when it merged with Daewoo Development Co. GM Daewoo was formed in late 2002 when, after years of negotiation, General Motors reached an agreement to take control of struggling Korean car company Daewoo Motors. Founded as a textile business, the company became one of the pioneers of Korea's economic revolution, expanding into every conceivable industry during the 1970s and 1980s. The company ran its own retail network rather than relying on dealerships – becoming the only manufacturer of the time to do so. Daewoo International was the first Korean company to set up a branch office in Dhaka, in July.
Outside the US, especially in the UK, other car models like the Matiz, Kalos, Lacetti and Tacuma. Daewoo Leganza, Nubira and Lanos are the new models throttling on the highways. The Aveo is among the cheapest cars sold in America, with bare-bones examples--known technically as SVMs, or Special Value Models--starting at less than $10,000.
It’s based on rugged underpinnings and features a pair of power plants sourced from a German concern called Mercedes-Benz, who are reputed to know a thing or two about engines. Daewoo Nubira comes as a four door sedan and a four door wagon with each type having a unique set of features that can provide comfort, performance and style. Air conditioning is standard in the LS, and the LT features power windows and locks, a keyless remote, and a CD/MP3 player.
Daewoo models are no longer marketed in this country. Daewoo Lanos is the smallest of the three Daewoo cars. Cheap motoring, but not much to shout about until old Daewoo models are phased out. Replacement and aftermarket car parts for Daewoo lanos as well as other Daewoo models are now readily available in case Daewoo car owners fail to find the car parts. If you’re looking to buy a Daewoo, Infinity Daewoo finance facilities could help.