Daewoo Motors
Daewoo Motors ( ) was a South Korean automotive company established in 1937 as "National Motors". The company changed its name several times until 1982 when it became "Daewoo Motors" following its acquisition by the Daewoo Group. After running into financial difficulties,Daewoo Motor plunges into bankruptcy
on ''The Guardian'', 8 Nov 2000 it sold most of its assets in 2002 to at $1.2 billion, becoming a of the American company. In 2011, the name "Daewoo" was definitively removed with the company being renamed

Shinjin Motors
Shinjin Motors or Sinjin Motors ( ko, 신진자동차, ) is a defunct South Korean car manufacturer. A related bus manufacturer called "Shinjin Bus Manufacturing Company" was founded in 1955 as an independent company. It is now a part of Daewoo Bus Corporation. History The Shinjin Industrial Company started as a parts producer in 1954, branching into the automotive field in 1958 as a rebuilder for the U.S. Army, with actual assembly commencing in 1962.Odaka (1983), p. 290. The Government of South Korea enacted the "Automotive Industry Promotion Law" in 1962.Keller, Samuels (2003), p. 116–117. Under this legislation, the importation of assembled automobiles was outlawed, subsidies were made available to assemblers who were also afforded tariff exemption on the importation of parts.Catalan (2007), p. 3. Responsibility for deciding which firms would be authorized to undertake automobile manufacturing was held by the Minister of Trade and Industry, who at the time opted to app ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]