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 LeMans In 2004, because of harsher emission regulations, the factory installed the Lanos 1.5 SOHC engine, which meant a decrease in horsepower, but made the car Euro 3 compliant. During the last 2 years of production, in an effort to update the optional equipment available for the car, the Executive received a CD player instead of the obsolete cassette player. It remained in production until 2007, being marketed along with its successor, the Daewoo Nubira. In Uzbekistan, UzDaewooAuto continues to manufacture the four-door sedan version of the Nexia, of which production began in June 1996. It is produced alongside other Daewoo