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 or is close to, starting gas production in the country(at the Yadana Field). During explorations, Daewoo found one of the largest gas fields in southeast Asia. The field is located at blocks A-1 and A-3 at the Shwe field, about 100 km off Sittwe in Rakhine State. The field will go into production in five years, providing a lucrative (and probably the largest) source of hard currency for the ruling junta. Daewoo has long been one of the largest foreign investors in the country. Daewoo International was investigated by South Korean prosecutors for allegedly selling machinery with potential military applications