Daewoo is a automotive company that was founded in South Korea in 1967.  Daewoo risen when the government of South Korea created plan to grow country economically and gave subsidies to the industry. After the car manufacturer faced some financial troubles, it was bought by GM. Since 2011, brand of Daewoo is not used for marketing models. About 20 divisions of Daewoo Group exist and the company specializes in manufacturing buses, light vehicles, electronic parts, ships, oil tankers, planes and so on.