Daewoo to the junta. Today five companies with the Daewoo brand name remain: 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
Paramount Cars Paramount Cars Paramount Cars was a British company which produced the Paramount automobile between 1950 and 1956. Founded by WA Hudson and S Underwood from Derbyshire, the company initially manufactured cars in Swadlincote with production moving shortly after to Melbourne (again in Derbyshire) and then to Leighton Buzzard. Two models were produced, the Paramount Ten and the Paramount 1½-Litre. The Paramount had an aluminium over wood frame body with BMW like grille and was mounted on a separate tubular steel chassis with front transverse and rear semi elliptical leaf springs. It was originally intended to have Alvis engine and suspension