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,
FSC Lublin Automotive Factory to establish links with companies outside Poland. In 1995 the factory entered a joint venture with the South Korean conglomerate Daewoo. It soon become a part of the new company Daewoo Motor Polska. In December 1995 the factory started assembling Daewoo Nexia passenger cars. Around 40,000 were produced before production ended in 1998. Daewoo also began a joint project with British manufacturer LDV to develop a new van. Daewoo also produced the Lublin van and the Honker military vehicle. Daewoo experienced serious financial problems following the financial crisis in Asia, which brought serious difficulties to the Lublin factory. Daewoo Motor