Daewoo Daewoo Daewoo (, literally "Great Woo", after the first name of founder and chairman Kim Woo-jung) or the Daewoo Group was a major South Korean conglomerate and car manufacturer. It was founded on 22 March 1967 as "Daewoo Industrial" and was declared bankrupt on 1 November 1999. Prior to the Asian financial crisis, Daewoo was the second largest conglomerate in Korea after Hyundai Group, followed by LG Group and Samsung. There were about 20 divisions under the Daewoo Group, some of which survive today as independent companies. There were about 20 divisions in the Daewoo Group. Daewoo Group had under
Daewoo Lacetti in 2004 with the 1.6-liter engine; a few years later the LS term version was used as a traffic police patrol vehicle. In Uzbekistan, the Lacetti has been produced by GM Uzbekistan since 2008, in a plant located in Asaka, and marketed as the Chevrolet Lacetti. In 2013, the partner company Uz-Daewoo Avto began producing the facelifted sedan version as the new Daewoo Gentra. It is marketed throughout the CIS countries. In 2015 the car was renamed the "Ravon Gentra." It was sold as the Chevrolet Lacetti and includes 5-door hatchback, sedan and station wagon models. The entire line of