Daewoo Korea and Vietnam until 2011. The former Daewoo facilities are now producing General Motors vehicles for Asian markets. Daewoo Commercial Vehicles Division was sold to Tata Motors. The Daewoo Group was founded by Kim Woo-jung in March 1967. He was the son of the Provincial Governor of Daegu. He graduated from the Kyonggi High School, then finished with an Economics Degree at Yonsei University in Seoul. During the 1960s, after the end of the Syngman Rhee government, the new government of Park Chung Hee intervened to promote growth and development in the country. It increased access to resources, promoted exports,
Daewoo Motors the investment group Odien Capital Partners and in October 2006, the division of light trucks moved under the concern of Ashok Leyland of India, becoming Avia Ashok Leyland Motors Company (AALM). In 1998, the low-volume assembly of the Lanos, Nubira and the Leganza started in Taganrog, Russia, at the TagAZ-Doninvest factory The cars were sold on the local market under the Doninvest brand, as the Assol, Orion and Kondor respectively. The project did not have much success, so TagAZ turned to Citroën to produce the Berlingo, and Hyundai to produce the Accent. Following the General Motors buyout in 2002, Daewoo