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Revision as of 04:25, 29 October 2003 by 66.82.168.1 (talk)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)Daewoo meaning "Great Universe" (大宇) is a major South Korean conglomerate.
Since the 1990s, Daewoo has owned ZAZ, an automobile manufacturer based in the Ukraine.
Daewoo set up a joint venture (August 1992) and a factory in Asaka city, Andizhan province, in Uzbekistan, leveraging the presence of a large local ethnic Korean minority.
Beginning in late 1998, Daewoo Motor America sold three automobile models, the sub-compact Lanos, compact Nubira ("to go everywhere/anywhere" in Korean), and the midsize Leganza (Elegante and Forza ). The last model year in the U.S. was 2002 after the bankruptcy of the Daewoo Group and Daewoo Motor in Korea.