Daewoo Motors India Limited

Daewoo Motors is one of the successful auto makers in India. Originally incorporated to manufacture light commercial vehicles, the company has also given good cars to Indian roads. Cielo, Matiz and Nexia are few of the models in the mid-size and small car segment made by the company.

Quick Facts

Year of Establishment	Mar. 22. 1967 as Daewoo Industrial Co., Ltds in Korea.
Business Partners	GM Daewoo, SAAB, Cadillac, Daewoo Bus, Tata Daewoo
Listings & its codes	NSE: DCMDAEWOO; BSE: 500100
Registered Office	Daewoo Motors India Ltd. International Trade Tower F-Block, S-2 Upper Ground Floor Nehru Place New Delhi - 110 019 Tel.: +(91)-(11)-26287826/ 27
Plant	A/1 Surajpur Industrial Area Noida, Dadree Road Surajpur - 203 207 Dist. - Gaziabad Uttar Pradesh Tel.: +(91)-(5736)-28567801
Website	www.dm.co.kr www.daewoo.com

Daewoo International Chronology

• Mar 22, 1967: Established as Daewoo Industrial Co., Ltds.
• Jan 01, 1982: Merged with Daewoo Development Co., Ltd; changed name to Daewoo Corporation.
• 1998: Ranked first in Korea in exports and trade surplus.
• Dec 27, 2000: Daewoo International Corporation established as a result of spin-off plan of Daewoo Corporation.
• Nov 15, 2002: Granted Preliminary Graduation of Work-Out.
• Dec 30, 2003: Completed the Work-Out Program.

Daewoo Motors Models

• Cielo
• Matiz
• Nexia

Company Flashback
Daewoo Motors India Ltd. (DMIL) was incorporated in India as DCM Toyota Ltd. in the mid-80s. The company was set up to manufacture Light Commercial Vehicles (LCVs) in the country. In Financial Year 1995, Korea`s Daewoo Corporation bought over DCM Toyota`s equity and increased its holdings to over 90 per cent by Financial Year 1997.

In July 1995, DMIL launched Daewoo`s 1500cc Cielo. The car did get a good reception and its sales decelerated since the 3rd quarter of Financial Year 1997. Since then it had slowdown in the mid-size car segment. Next, Daewoo launched Matiz in the small car segment and Nexia a mid size car segment.

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View Comments

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By RAMESH SEHGAL (on Dec 13, 2011 11:47 PM) Who is your present banker ? Which company has taken over your company and when ?

By Purushoth (on Nov 01, 2011 12:31 PM) When will u open a daewoo cielo car company in india at tamil nadu(chennai)

By Wnkhoro (on Oct 28, 2011 11:52 AM) From where i can get spares of cielo gl model at ranchi, pl. advise.

By Rajin (on Sep 16, 2011 12:59 PM) Can gm provide the service of matiz..bcoz its a wndrful car

By Uma Kant Sharma (on Aug 09, 2011 12:43 PM) I also want to know that whether the company is relaunching in india or its a rumour i also own a matiz and worried about its parts here in Patna(Bihar) i don\\\'t get the original spare parts.

By NEERAJ (on Aug 07, 2011 11:55 PM) Respected sir, mere pass 2001model matiz car hai lakin compny nhi hai,or apse ye request hai ki app ye btaein ki ab ye compny kon se month or kon se year mein app is compny ko kab relaunch kar rhe hain,mujhe ye to pata lag chuka hai ki ye compny dobara launch ho rhi hai,kya ye baat sahi hai?ye baat isliye keh raha hoon ki mai apni matiz ko sale out karne ka plan kar raha hoon meri is car ki condition itni achi hai or saaf hai ki mere friend ne meri car value 1,95000 tak lga di hai or meri car par ek bhi skratch bhi nhi hai agar khi se skratch dekhaega koi to mai car ko 50,000 mein de dunga.

By Gaurav (on Mar 20, 2011 06:16 PM) From where i can buy daewoo matiz spair parts. i live in india and i want spairs pls help me out

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