Daewoo was a really popular brand in India in the past era. With cars like Matiz, Cielo and Nexia, the Korean automaker attracted the Indian audience in large numbers to buy their vehicles. They were doing fairly good in the market but had to wrap up their international operations due to some reasons. In today’s featured, we answer the top 10 Googled questions about Daewoo! Although the brand is no more here in the market, people still want to know many things about the defunct South Korean car brand!
-
What happened to Daewoo car company?
In a nutshell, Daewoo was going through a financial crisis, therefore, ended up selling most of their assets to General Motors and as a result, they became a subsidiary brand of the American auto giant. In 2011, the name Daewoo no longer existed in the market and the brand was renamed to GM Korea after that.
-
Does Tata own Daewoo?
Yes, they do. Tata owns the commercial division of Daewoo and is the second-largest heavy commercial vehicle manufacturer in South Korea. Tata Motors acquired this division of the Korean automaker in 2004. They now have multiple CKD projects in India and Pakistan. In 2005, Tata Daewoo Korea and Afzal Motors Pakistan also signed a technical assistance agreement for the same. Talking about the passenger division, we already told you above that GM owns it as of now.
-
Why did Daewoo fail in India?
The only thing that led to the failure of this brand in India was its pricing. Daewoo had good cars in their lineup which could deliver well in terms of performance and comfort. The main factor that Indians still consider while buying a car is the price. All the Daewoo cars were too expensive in comparison to their competitors at the time of their launch. Therefore, these couldn’t gain high sale numbers in India.
-
Are Daewoo cars reliable?
Daewoo cars couldn’t do well in the Indian market because of their pricing. If we compare them to the competitor brands like Honda and Toyota, they lack reliability for sure. Anyone spending that much money on a car would easily choose a Honda or a Toyota over a Daewoo. But if you have already invested in a Daewoo and want to get it serviced, GoMechanic offers you competitive prices with 100%genuine spare parts!
-
Why is Opel closed in India?
We know we were supposed to talk about Daewoo in this one. But as the title says, we are answering the most Googled questions, the discontinuation of Daewoo made people think about Opel too. Opel brought in the German tech to the Indian shores and was discontinued later on. They wanted to introduce Indians to good quality German cars but we guess the Indian customers had their eyes on something else. Opel was discontinued in India in 2006.
-
Are Daewoo and Doosan the same?
The new name that you read just now purchased the controlling interest in Daewoo Heavy Industries & Machinery. They renamed it to Doosan Infracore in 2005 while the products were still sold by the name of Daewoo only.
-
Where is Chevy Spark made?
For those who don’t know, the Chevrolet Spark is nothing but a rebadged version of the Daewoo Matiz. Talking about the international market, what we had in India by the name of Chevrolet Beat is known as the Spark in the international market. The Indian Spark (Matiz) that you see above is still available in the used car market of India. The present Chevrolet Spark is manufactured at GM Changwon factory in Changwon, Gyeongsangnam-do, Korea.
-
Why did Daewoo engines fail in India?
Their engines didn’t fail actually. The cars as a whole did. As we already told you above, the pricing of these cars in India was the real culprit. They were so expensive that people didn’t want to buy them no matter how refined the engine was! No doubt all of them had good engines but there is no wrong in saying that they were not as reliable as others available in the same price range.
-
Is GM coming back to India?
Chevrolet left the Indian shores in 2017. They have no plans of returning to our country as of now. We hope Chevrolet comes back to India really soon as we are missing out on a number of great machines manufactured by the American automaker. Be it the Chevrolet Cruze or the Chevrolet Beat, they delivered exceptional performance in their segment and we know that if Chevrolet ever comes back to India, they will continue manufacturing good machines as they did before.
-
What is the engine capacity of Daewoo Matiz?
This hatchback had an engine capacity of 796cc when it was available in the Indian market. When it was rebadged as the Chevy Spark, the engine capacity remained the same. If you go for a used Chevrolet Spark, you would find the same 796cc engine under the hood.
These were the 10 most Googled questions about Daewoo. We know we included GM here too but we needed to do that as GM owns Daewoo at present, If you have any more questions in mind, you can comment down below and we will answer all your queries!