Daewoo Tico Daewoo Tico The Daewoo Tico is a city car produced by the South Korean automaker Daewoo from 1991 to 2001. The Daewoo Tico was based largely on the 1988 Kei car Suzuki Alto. The car was equipped with a three-cylinder 796 cc S-TEC engine -upgraded version for export markets of the "Kei" engine 547 cc (33.4 cu in) F5B engine-, and came with either a five-speed manual transmission or three-speed automatic transmission (only in Korea). The Tico was exported to Europe, markets. It was highly popular in such countries as: Romania, Bulgaria, Macedonia, Czech Republic, Slovak Republic, Croatia, Slovenia, Hungary,
Daewoo Motors lost interest in its overseas assets. The deals on supplies of pre-assembled CKD kits ended in 2005 and the facilities were forced to rely on their own production capabilities from that point on. Before the General Motors buyout, Daewoo cars were available in different countries. In Europe, Daewoo Motor started selling the Espero and the Cielo (or Nexia) from the beginning of 1995, and achieved reasonable sales success, particularly with British buyers, where Daewoo proved popular largely due to its competitive prices and revolutionary dealership network, where cars were sold at fixed prices with a revolutionary aftersales service which included