Daewoo the world. Throughout this period, Daewoo experienced great success at turning around faltering companies in Korea. In the 1980s and early 1990s, the Daewoo Group also produced consumer electronics, computers, telecommunication products, construction equipment, buildings, and musical instruments (Daewoo Piano). Daewoo Group ran into deep financial trouble in 1998 due to the 1997 Asian financial crisis, increasingly thin relationships with the Korean government under President Kim Dae Jung, and its own poor financial management. With the Korean government in deficit, access to cheap and nearly unlimited credit was severely restricted. In 1998, when the economic crisis forced most of the
Daewoo Tacuma Daewoo Tacuma The Daewoo Tacuma or Rezzo is a compact MPV produced by South Korean manufacturer Daewoo since 2000. Developed under the U100 code name, it was designed by Pininfarina and is based on the original Daewoo Nubira J100, a compact car. Following the phasing out of Daewoo as a brand in most export markets, the car was rebadged as Chevrolet, retaining either model name depending on the market. Additionally, the Chevrolet Vivant nameplate was introduced for the South African and South American markets. The Tacuma comes with 1.6 L Family 1 or 2.0 L Family II straight-4 engines. 1.8