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