Daewoo its umbrella several major corporations: A further subsidiary was the Daewoo Development Company, funded by cash from the Group and set up to develop hotels. Seven were built in Korea, China, Vietnam, and Africa. They were personally designed and furnished by Kim Woo-jung's socialite wife Heeja, who was chairwoman of the company. The most lavish is the 5-star Hanoi Daewoo Hotel, which cost US$163 million to build in 1996 and was decorated by Heeja with fine art, porcelain, sculptures, and marble. She invited 3,000 guests to the opening, including Russian President Vladimir Putin. Kim is believed to have spent time
Daewoo S-TEC engine United States version of the Chevrolet Spark. Applications: 1.4L Applications: 1.5L Applications: Daewoo S-TEC engine S-TEC or M-TEC is a low-displacement engine range co-developed by Suzuki and Daewoo Motors for use in micro- and subcompact cars. The first model was 0.8 L (796 cc) SOHC inline-triple engine based on the powerplant of the Suzuki Alto. In 2002, the range was extended to 1.0 L and 1.2 L (1150 cc) straight-4 engines and updated with EGR valve to reduce emission. A new engine plant for the updated model T4 was built. The 1.0 version is used in Chevrolet Matiz and the