Tata Daewoo Explained

Tata Daewoo
Commercial Vehicle Company
Former Name:Daewoo Commercial Vehicle Co. Ltd
Type:Subsidiary
Fate:Acquired by Tata in 2004
Foundation: [1]
Founder:Daewoo Motors
Location City:Gunsan, South Korea
Key People:Natarajan Chandrasekaran, (Chairman)
Kim Bang-shin (President & CEO)
Industry:Automotive
Products:Commercial vehicles
Parent:Tata Motors (2004–present)
Hangul:타타대우상용차
Hanja:타타大宇商用車
Rr:Tata Dae-u Sangyongcha
Mr:T'at'a Taeu Sangyongch'a

Tata Daewoo (officially Tata Daewoo Commercial Vehicle Company) is a commercial vehicle manufacturer headquartered in Gunsan, Jeollabuk-do, South Korea and a wholly owned subsidiary of Tata Motors. It is the second-largest heavy commercial vehicle manufacturer in South Korea.

History

The company was established in 2002 as "Daewoo Commercial Vehicle Co. Ltd", after it was spun off from parent Daewoo Motors.[1]

In 2004 it was acquired by Tata Motors, India's largest passenger automobile and commercial vehicle manufacturing company.[2] The Tata Daewoo has a collaboration with Tata Motors its parent company in India.

Tata Daewoo Korea and Afzal Motors-Pakistan signed a Technical Assistance Agreement on 12 December 2005 in Pakistan. The assembling plant of Afzal Motors in Pakistan was inaugurated by Prime Minister of Pakistan Mr. Shaukat Aziz on 8 January 2007. And assembles Truck Chassis and Daewoo Dump Trucks.[3]

In 2013, the Vehicular Authority of South Korea has ordered that the trucks sold by Tata Daewoo Commercial Vehicles, has been recalled due to a steering failure.[4] The 3,276 trucks sold in these country has been repaired and now are in service.[5]

Tata Daewoo-Korea and BadanBas-Malaysia signed a Technical Assistance Agreement in May 2015 in Malaysia. In 2017 Tata-Daewoo began to sell their trucks under the Daewoo brand in South Korea.[6] [7]

Products

Current

Discontinued

In all of its recent versions, these trucks are engined by a Euro VI emissions standard engines.[8]

Notes and References

  1. https://www.tata-daewoo.com/eng/brand/company2 Company history
  2. https://www.wsj.com/articles/SB107710476004532564 India's Tata Motors Buys Daewoo Commercial Vehicle
  3. Web site: INDIA: Tata Daewoo commercial vehicles to be assembled in Pakistan. 20 December 2005. www.just-auto.com.
  4. Web site: Tata Daewoo told to recall 3276 trucks in S Korea. October 19, 2009. economictimes.indiatimes.com.
  5. Web site: Tata Daewoo told to recall 3,276 trucks in S Korea. Press Trust of India. 19 October 2009. Business Standard.
  6. Web site: Tata Daewoo launches heavy truck in South Korea. 11 June 2004. WardsAuto.
  7. Web site: Tata Daewoo launches heavy truck in South Korea. 11 June 2004. Automotive News.
  8. Web site: Los camiones Tata Daewoo equiparán motores Euro 6 de FTP Industrial - Camión Actualidad-Noticias de camiones y Furgonetas. www.camionactualidad.es.