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 produce Matiz and Lanos under their own trademark. When making a joint venture with the Polish company Fabryka Samochodów Ciężarowych (FSC) in 1995, Daewoo also created Daewoo Motor Polska which produced the Daewoo Lublin van and the Daewoo Honker pick-up truck, based on the former Tarpan Honker. Daewoo Motor Polska and the British van manufacturer LDV developed together during this period of time the Maxus van and, after Daewoo Group's bankruptcy, LDV secured the exclusive rights to the vehicle, purchased the tooling and moved it from Daewoo's plant in Poland to the LDV site in Birmingham. FSC was then sold