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 Mirae Daewoo Mirae The Daewoo Mirae was a concept car that was unveiled on April 20, 1999, by Queen Elizabeth II at Daewoo's Seoul design studio 'Design Forum' and then again at the 1999 Seoul Motor Show. "Mirae" in Korean means "future". Designed at Daewoo's UK Worthing Technical Centre, somewhat unusually it premiered in two forms: an exterior model, and a separate interior technology showcase model. Production was hinted to commence in 2010, but with the collapse of Daewoo Group in 2000 and the subsequent General Motors takeover, the concept car appears to be unlikely to be produced in the original