Daewoo LeMans versions. The more luxurious GLXi received a sixteen-valve engine which upped the power to at an unusually low 4,800 rpm, and the 0–100 km/h time was reduced to 12.2 seconds. The Cielo was made in India by DCM Daewoo Motors until the Korean Daewoo company went bankrupt. GM did not take over the Indian plant in Surajpur near Delhi and it was liquidated. Production in South Korea came to an end shortly after the 1996 introduction of the Daewoo Lanos, an original design. Daewoo first exported cars to Europe in the mid 1990s, with the Nexia and Espero forming the
Daewoo Motors parts for export, such as engines and gearboxes to GM Daewoo and to other companies. The factory was acquired by the Romanian government and sold to Ford in 2007 (the official agreement was signed on 21 March 2008). The production of Daewoo models was stopped in May 2008, and Daewoo Automobile Romania became Ford Romania. Daewoo also invested into Poland's Fabryka Samochodów Osobowych (FSO) in 1995, forming a joint venture called Daewoo-FSO, for the assembly of the Matiz city car, a successor of the Tico, that was very popular in the Eastern European market. Since January 2005, FSO began to