GM Daewoo Auto & Technology (GM Daewoo or GMDAT) was first established as National Motor in 1937 in Bupyeong-gu, Incheon, South Korea. After changing its name to Saenara Motor in 1962, Saenara ...

Commerce Minister Shin Kook-hwan said Daewoo's banks would look for another buyer or might support the company themselves if takeover talks with General Motors Corp and partner Fiat fell through.

The same year, the company acquired the heavy vehicles unit of South Korea's Daewoo Motors. This strategic acquisition bolstered Tata Motors' presence in the global market and expanded its ...