Daewoo Auto Parts & Technology was established on October 17, 2002. It has five manufacturing facilities in Korea as well as an assembly facility in Vietnam; it also provides market and brand-specific Daewoo auto parts vehicle kits for assembly at facilities in China, Thailand, India, Colombia and Venezuela.
Exports have been Daewoo's key to success in the ever changing global market. It was reported that in 2006, Daewoo automobiles sold in Korea and Daewoo auto parts exported more than 1.52 million units, non-inclusive of the after market Daewoo parts and accessories. Daewoo now produces vehicles, kits and parts for a number of other car manufacturers that are offered in more than 150 markets on six continents. Imported products from other premium brands are sold through Daewoo Auto Parts and auto retailers. Unwavering commitment and tradition in the industry has driven Daewoo's quest for innovation to new heights. The Daewoo product portfolio now includes an impressive line of Daewoo auto parts, other manufacturer assembly parts and replacement Daewoo auto parts. The highly acclaimed new Daewoo parts engineering found in today's Daewoo vehicles was developed for worldwide application in premium and high-performance vehicles. Daewoo also services the global market with replacement parts, all Daewoo parts. Daewoo Auto Parts & Technology continues to evolve; updating corporate strategies and manufacturing techniques keeping it at the forefront of auto part manufacturing.
While the company is best known worldwide for its Daewoo auto parts, it remains a car maker at heart.
There are several Daewoo vehicles currently on the market; Matiz, Gentra, Gentra X, Lacetti, Tosca
Winstorm, Damas (mini van) and Laba (light duty truck); all produced with Daewoo parts. Daewoo’s automobile designs are unique in the market in offering the ride comfort as well as the fun performance and great handling of a sporty, driver’s car with its rear-wheel drive handling similar to that of some of the best luxury cars. This ensures better handling and a smoother driving experience along with steering that is freer of any traction influences than standard front-wheel drive.
Daewoo automobiles exemplify the company slogan ‘Driving Innovation', as all Daewoo products whether Daewoo vehicles or Daewoo auto parts are a demonstration of the superior capabilities of the Daewoo parts design team. Daewoo's sporty automobile elements are underscored by several new details such as aerodynamically optimized Daewoo parts at front and rear, modified bumpers and striking side sills. The interior also has a fresh and modern appearance. The lightweight, all-aluminum 60-degree V-6 engine features advanced double overhead camshafts and four valves per cylinder.
Daewoo vehicles are equipped with state of the art Daewoo parts specially design to ensure safety. Some of the technologies featured on Daewoo vehicles include the Electronic Stability Program (ESP), Electronic Brake-force Distribution (EBD), Corner Brake Control (CBC), and extensive anti-theft devices as well; all engineered with Daewoo auto parts and are widely regarded as some of the most significant automotive safety systems ever offered on Daewoo vehicles.
By leveraging its access to advanced technology and business capabilities, Daewoo has certainly positioned itself as a key player in the global market that will drive the future of the automotive industry in Asia Pacific as a global leader in automotive design, quality Daewoo auto parts and careful attention to customer value. Daewoo offers state-of-the-art styling, features, distinguished driving characteristics and quality Daewoo auto parts.