Daewoo to the junta. Today five companies with the Daewoo brand name remain: Daewoo Daewoo (, literally "Great Woo", after the first name of founder and chairman Kim Woo-jung) or the Daewoo Group was a major South Korean conglomerate and car manufacturer. It was founded on 22 March 1967 as "Daewoo Industrial" and was declared bankrupt on 1 November 1999. Prior to the Asian financial crisis, Daewoo was the second largest conglomerate in Korea after Hyundai Group, followed by LG Group and Samsung. There were about 20 divisions under the Daewoo Group, some of which survive today as independent companies. There
Daewoo Musiro and innovative vehicle. The neat exterior reminded viewers of the Audi TT but the coupe lines disguised an innovative opening roof. The traditional issues of open top cars being less stiff than closed roof cars and folding 'hardtop cars' having little boot space was solved by Worthing's Daewoo designers - the roof panel and rear window articulate themselves, using the cant rails as guides (disguising the tracks), and once vertically stacked then dropped behind the rear seats. The trunk lost retained almost all of its volume and rear passengers were not affected either, plus with impressive stiffness there was no