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 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