Daewoo. Cars Pictures

Daewoo.Car Photo
Daewoo (Korean for "Great Universe") or the Daewoo Group was a major South Korean chaebol (conglomerate). It was founded on 22 March 1967 as Daewoo Industrial and was dismantled by the Korean government in 1999. Prior to the Asian Financial Crisis of 1998, Daewoo was the second largest conglomerate in Korea after Hyundai Group, followed by LG Group and Samsung Group. There were about 20 divisions under the Daewoo Group, some of which survive today as independent companies.

Corporations

There were about 20 divisions in the Daewoo Group, which before the crisis was the second largest conglomerate in Korea after Hyundai Group, followed by LG Group and Samsung Group.

Daewoo Group had under its umbrella several major corporations:

• Daewoo Motor, the motor vehicles division (sub-branch Daewoo Automotive Components Co. Ltd., Daewoo Bus Co., Ltd., Daewoo Commercial Vehicle Co. Ltd.)
• Daewoo Motor Sales, an auto sales company selling Daewoo but also GM cars and others in Korea (Sub-branch : Architectural Iaan Div., SAA-Seoul Auto Auction)
• Daewoo Electronics, a strong force both internationally and in Korea (sub-branch Daewoo Electronic Components Co. Ltd, Daewoo Electric Motor Industries Ltd., Orion Electric Co. Ltd.)
• Daewoo Precision Industries
• Daewoo Textile Co. Ltd.
• Daewoo Heavy Industries (DHI), which created heavy duty machinery
  

  

  A wheel-loader produced by Daewoo Heavy Industries
  

  

  A Seoul metropolitan car (Seoul Metro Class 3000), by DHI, 1984
  

  

  The 'Iran Sadr' ship, buit by DSME in 1985
• Daewoo Shipbuilding & Marine Engineering produced containerships, oil tankers and planes. It spun off in 2000 and became an independent company, DSME, re-listing on the Korean stockmarket in 2001
• Daewoo Securities, a financial securities company
• Daewoo Telecom Ltd., which concentrated on the telecommunications (sub-branch Daewoo Informations Systems Co. Ltd.)
• Daewoo Corporation, (sub-branch Daewoo Construction, Keangnam Enterprises) which built highways, dams and skyscrapers, especially in the Middle East and Africa
• Daewoo International, a trading organization
• Daewoo Development Co. Ltd., managing Daewoo hotels around the world and had the Hilton Hotels franchise in South Korea
• IAE (Institute for Advanced Engineering) : research and development integrated center

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 Woojoong's socialite wife Heeja who was Chairwoman of the company. The most lavish was/is the 5-star Hanoi Daewoo Hotel which cost US$163 million in 1996 and was decorated by Heeja with fine art, porcelain, sculptures, and marble. She invited 3000 guests to the opening, including Russian President Vladimir Putin. There is an 18-hole golf course in the grounds and a swimming pool which is thought to be the largest in Asia. Kim is believed to have spent time there while "on the run".

Daewoo lanos 5

Daewoo Tosca Car

Daewoo.

Daewoo.Car picture

Daewoo.CAr

Sammi Daewoo Express Buses are designed and built with performance, comfort and safety in mind. Endeavored to improve the quality of life of it’s valuable passengers, it is a groundbreaker in the transport industry of Pakistan . The company has introduced innovative trends in road transport. On-board meals, efficient attendants, and punctuality, sum up Sammi Daewoo’s success. No doubt their services are commendable, staff are well-trained and helpful.

But with sixteen terminals in major cities of Pakistan and fifteen stopovers, Sammi Daewoo is having a hard time coping with the standards set up by Daewoo previously, owned by a Korean company. Sammi Daewoo got its start with the protection of Daewoo, but that support doesn’t exist anymore. Puntuality and regularity being their key feature can’t be seen anymore. Buses arrive and depart sometimes half an hour late. And it becomes a real menace when there is little parking space. At Lahore Daewoo station when a person goes to pick up passengers or drop them off, due to limited and unorganized parking area cars are sometimes parked outside the station, along the pavemants. It not only plays havoc on passenger’s mind but also is a root cause of traffic jam in that area.

A note to Sammi Daewoo Bus Service officials: Please look into this matter and fast. Because according to you,” The passengers are valuable to us, so as their time” really? Prove it!